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:
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;
Net operating loss deduction means the aggregate of the apportioned net operating loss carryovers to the taxable year.
More Definitions of Net operating loss deduction
Net operating loss deduction means the aggregate of the apportioned net
Net operating loss deduction means the portion
Net operating loss deduction means the portion of the net