Home > Term: net operating loss (NOLs)
net operating loss (NOLs)
An income-averaging provision that allows companies with losses to either carry forward the loss up to 15 years to offset otherwise taxable future income, or carry back the NOLs up to three years to receive a refund for taxes previously paid (see FAS 109).
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- Industri / Domain: Logam
- Kategori: Baja
- Company: Michelle Applebaum Research
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