Net operating losses can be carried forward indefinitely. Why would a taxpayer prefer to use such losses

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Net operating losses can be carried forward indefinitely. Why would a taxpayer prefer to use such losses sooner rather than later?

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Principles Of Taxation For Business And Investment Planning 2019 Edition

ISBN: 9781260161472

22nd Edition

Authors: Sally Jones, Shelley C. Rhoades Catanach, Sandra R Callaghan

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Question Posted: Jan 15, 2019 05:56 AM

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Net operating losses can be carried forward for 20 years, after which time they expire. Why is it unusual for a firm to experience the expiration of an NOL?
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Net operating losses can be carried forward indefinitely. Why would a taxpayer prefer to use such losses

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Principles Of Taxation For Business And Investment Planning 2019 Edition

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