Net operating loss deduction definition

Net operating loss deduction means the amount allowed as a deduction for the net operating loss carryover to the privilege period, calculated as follows:
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Net operating loss deduction means the portion of the net operating loss carryover that may be deducted from the taxpayer's apportioned net income under the Internal Revenue Code as of January 1, 2018 for the taxable year in which the deduction is taken, including the eighty percent limitation of Section 172(a) of the Internal Revenue Code as of January 1, 2018 calculated on the basis of the taxpayer's apportioned net income;
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Net operating loss deduction means the aggregate of the apportioned net operating loss carryovers to the taxable year.
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Examples of Net operating loss deduction in a sentence

  • Net operating loss deduction on KJRA project.................................................................................3.

  • The following are not allowed.• Net operating loss deduction (section 172).• Deductions under Part VIII of subchapter B (special deductions forcorporations).If facilities are used (or personnel are employed) for both exempt and nonexempt purposes, see Regulations section 1.528-10.Exempt function income.

  • Net operating loss deduction on KREDA project ..............................................................................3.

  • Net operating loss deduction on KIRA project.....................................................................................3.

  • Net operating loss deduction (from Form NYC-2.4, Schedule A, line 6) 35.36.

  • Net operating loss deduction on KRA project...................................................................................3.

  • Net operating loss deduction on KIDA project ...................................................................................3.

  • It will put focus on capacity development of both the duty holders (village, Block, District, State level) and residents claiming the rights.

  • Net operating loss deduction on KJDA project .................................................................................3.

  • Subtract line 23 from line 22..........................................................222324cNameFederal employer identification numberc Schedule B - Deductions to Federal Taxable Income1 a Net operating loss deduction (see instructions - attach schedule) .................................................................


More Definitions of Net operating loss deduction

Net operating loss deduction means the aggregate of the apportioned net
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Net operating loss deduction means the portion of the net
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Net operating loss deduction means the portion
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Related to Net operating loss deduction

  • Net operating loss means a loss incurred by a person in the operation of a trade or business. "Net operating loss" does not include unutilized losses resulting from basis limitations, at-risk limitations, or passive activity loss limitations.

  • Adjusted Net Operating Income or “Adjusted NOI” means, for any period, the Net Operating Income of the applicable Hotel Properties for such period, subject to the following adjustments:

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Holdings and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.