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Baltia Air Lines Inc BLTA
(Total Views: 324)
Posted On: 02/07/2017 2:55:30 PM
Post# of 41414
Posted By: dyna44
Re: Benster19 #30339
A net operating loss (NOL) can be carried forward for up to 20 years and applied against any taxable income during that time period.

However, the IRS places restrictions on the use of the NOL if ownership changes.

I'm not sure how this will all pan out for the new company, but generally, NOLs are considered to be a valuable asset.













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