In addition, federal, New York State, and New York City audit changes, with regard to net operating losses
incurred prior to January 1, 2015, will have an impact on the PNOLC unless the statute of limitations for the 2015 tax return has expired.
eQ Bank, a wholly owned subsidiary of eQ Online, reported a total income of EUR3.4m and net operating loss
of EUR0.5m in the first quarter of 2003.
With regard to losses incurred by a taxpayer in connection with the sale or rental of real estate, the allowance of the net operating loss
depends upon the taxpayer's status as a dealer or an investor with regard to the property.(4) For example, if land is held primarily for investment rather than for sale in the ordinary course of business, the owner would be considered a real estate investor and ineligible for the net operating loss
Crossroads noted that the Plan is designed to serve the interests of all stockholders by helping to protect the company's ability to use its net operating losses
to offset future tax liabilities and is similar to plans adopted by many other public companies with significant tax attributes.
For the twelve months ended December 31, 2011, EVBS has reported net operating income of USD1.8m, an increase of USD12.5m over the net operating loss
of USD10.8m reported for the same period of 2010.
Differences between net operating losses
for regular tax purposes and for the AMT should reflect any disallowances of net operating loss
deductions under the 90% limitation provision.
170(b)(1)(A), an individual's annual itemized deduction for cash contributions to public charities cannot exceed 50 percent of the individual's contribution base (adjusted gross income, without any net operating loss
In general, a net operating loss
(NOL) may be carried back two years and carried forward 20 years to offset taxable income in such years.
The Finnish stock exchange service provider eQ Online Corporation reported today (28 January) a net operating loss
of EUR2m for the financial year 2002.
But some Board members believe that asset recognition for net operating loss
carryforwards should be subject to a higher threshold because of the inherently greater uncertainties surrounding a company with a history of losses.
BANKING AND CREDIT NEWS-August 15, 2012--Merriman Holdings Posts net operating loss
of USD 2.675m in Q2(C)2012 M2 COMMUNICATIONS http://www.m2.com
San Francisco-based New Resource Bank (OTCBB: NWBN) has reported a net operating loss
of USD942,000 for the quarter ended June 30, 2011, compared with a net operating loss
of USD251,000 for the quarter ended June 30, 2010.