Understanding the Built-in Gain and Loss Rules of Section 382 - and Possible Significant Changes on the Horizon: Unprecedented NOLs have accompanied unprecedented times.

Authors :: Jacobs, Kevin M.
Reinstein, Todd
Source :: Tax Executive. Jan-Feb, 2021, Vol. 73 Issue 1, p16, 5 p.
Publication Year :: 2021
Abstract: As we all welcome the new year, companies look forward to the future and hope to leave 2020 to the history books. Because of the lingering economic effects of COVID-19 [...]

Subjects :: Recognition of gain or loss (Taxation) -- Laws, regulations and rules -- Management
Loss deductions -- Laws, regulations and rules -- Management
Government regulation
Company business management
Internal Revenue Code (I.R.C. 382) (I.R.C. 168(k))

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