Question: Discussion Question 7 - 1 3 ( LO . 5 , 6 ) Explain the 3 8 2 limitation as it applies to NOL carryovers

Discussion Question 7-13(LO.5,6)
Explain the 382 limitation as it applies to NOL carryovers utilized by successor corporations.
The limitation applies when there is a
than 50-percentage-point ownership change for the target common
shareholders. Section 382 limits the amount of NOL that can be used by the successor corporation
Discussion Question 7-13(LO.5,6) Explain the 382 limitation as it applies to

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