Marc Gerson Discusses Net Operating Loss Legislation in International Tax Review

“Legislative Changes Bring Good and Bad News in the U.S.”
International Tax Review
11.20.09Marc Gerson comments on the recent expansion of the net operating loss carryback rules, which allow taxpayers to carry back losses incurred in 2008 or 2009 for up to five years. "The expanded NOL provision will provide needed liquidity to taxpayers and enable them to make capital investments and hopefully expand their employment base," said Gerson.
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