Examples of Net Operating Losses in a sentence
The Company is in the process of preparing amendments to its Federal and Wisconsin State income tax returns for the fiscal year ended March 31, 2011 to reflect an additional depreciation adjustment, resulting in an approximately $3 million increase in Net Operating Losses carryforward.
Net Operating Losses The NOLs of the LBHI Tax Group (including LBHI-Controlled Entities) are subject to audit and adjustment by the IRS and primarily expire in or about 2028.
Net Operating Losses The NOLs of the LBHI Tax Group (including Debtor-Controlled Entities) are subject to audit and adjustment by the IRS and primarily expire in or about 2028.
Net Operating Losses are now anticipated to be fully utilized in 2020 (previously 2021).
The Company has not had operations and has deferred items consisting entirely of unused Net Operating Losses as disclosed above.