Tobacco Companies. to Seek MSA Payment Cuts, Citing Losses
- Tax break for tough times: NOL deduction. Grill Jr., Norman G. // Fairfield County Business Journal;7/28/2008, Vol. 47 Issue 30, p19
The article provides a strategy that could help companies mitigate their business loss during the time of economic downturn. One way to lessen any shortfall is to claim a tax deduction for a net operating loss (NOL). Companies could only declare that their business is suffering from NOL if their...
- THE IRS IS Clamping Down ON SCHEDULE C FILERS. Ambord, Teresa // Home Business Magazine: The Home-Based Entrepreneur's Magazine;Jan/Feb2008, Vol. 15 Issue 1, p78
The article offers steps to protect the business losses of a Schedule C tax filers. These include having a business name, making daily records of the time spend in the business, and doing advertisement in appropriate places. It is cited that these steps help Schedule C filers demonstrates that...
- Net Operating Loss Carryforwards and Carrybacks (Part 1). // Journal of State Taxation;Spring2002, Vol. 20 Issue 4, p81
Lists several net operating loss carryforwards and carrybacks in the U.S. Importance of a separate state election; States that allow carrybacks and carryforwards.
- NO LAUGHING MATTER. Rayney, Pater // Accountancy;Oct97, Vol. 120 Issue 1250, p50
Reports on the restriction of the loss carry-back period to one year in Great Britain. Transitional rules; Basic loss relief strategy.
- Operating loss write-off reform clears House. Feingold, Jeff // New Hampshire Business Review;3/22/2002, Vol. 24 Issue 6, p9A
Deals with the skepticism of New Hampshire legislators on a bill that would allow businesses to write off their losses against the business profits tax over a longer period of time as of March 2002. Issues pointed out by proponents of the bill; Repercussions of eliminating the operating cap of...
- Are NOLs Worth The Trouble? // Mergers & Acquisitions: The Dealermaker's Journal;Jun2002, Vol. 37 Issue 6, p14
Focuses on the net operating losses (NOL)-centered transactions of companies in the U.S. Validity of business purpose; Reduction of the parent company's basis in the target's share; Value of assets.
- BUSINESS LOSES ON TAX. Khadem, Nassim // BRW;5/10/2012, Vol. 34 Issue 18, p24
The article discusses the Australian government's cancellation of several company tax rates as part of its budget policy for the 2012-2013 financial year. The increase in superannuation contribution rates for higher income earners is addressed. Australian Treasurer Wayne Swan's confirmation of a...
- Investment impact of tax loss treatment-empirical insights from a panel of multinationals. Dreßler, Daniel; Overesch, Michael // International Tax & Public Finance;Jun2013, Vol. 20 Issue 3, p513
We analyze the impact of tax loss treatment on multinational investment. Basically, two effects of tax loss treatment can be expected. First, firms make their investment decisions considering potential future losses. Then, the various types of conceivable loss offset provisions affect investment...
- NOL Carrybacks Extended to Five Years. Malik, Shahzad // M&A Tax Report;Jan2010, Vol. 18 Issue 6, p6
The article reports that U.S. taxpayers may choose to carry back net operating losses (NOL) for the 2008 and 2009 tax years for up to five years, under the Worker, Homeownership and Business Assistance Act of 2009, which was implemented on November 6. Under the change, businesses that have had...