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Taxation & Estate Planning

: TaxProf Blog

Conferees Scale Back NOL Provision

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The conferees have scaled back the House ($15 billion) and Senate $19.5 billion) expansion of the NOL carryback rules with a a new $5 billion provision targeted exclusively at small businesses with up to $5 million of annual revenue. Bloomberg...

Full post as published by TaxProf Blog on February 12, 2009 (boomark / email).

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