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nigel ean gordon
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Net Operating Loss
Hi Thanks Guys for your learned replies much appreciated and am truly grateful. However I have this tutorial question which I need some help with. Here it is! Question: F-Tech is a pharmaceutical co…
Tagged: net operating loss
Replied Feb 9
Net Operating Loss
4 Replies
Explain the importance of carrying back and carrying forward net operating loss
Tagged: net operating loss
Started this discussion. Last reply by David Smart Feb 12.
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Nigel,
It will be hard to determine the tax liability using the information you have provided. Here are some of the questions that one might need clarification on
- does the tax authority recognise the depreciation expense as is or it has their ow…
Hi Thanks Guys for your learned replies much appreciated and am truly grateful. However I have this tutorial question which I need some help with. Here it is!
Question: F-Tech is a pharmaceutical company with sales of $13 million dollars at Decembe…
Excellent contribution David.
Under the 2009 Economic Stimulus Provisions, the IRS (US Internal Revenue Services) allows small companies (below $ 15 Mio in revenue) to carry NOL (Net Operatin Losses) 5 years back or 20 years forward.
Werner Reisacher
Hi Nigele,
I hope your query is in the context of taxation.
In most jurisdictions that am aware of, companies are required to prepare separate schedules (based on the current tax laws) to determine their taxable income or loss for the year. Incase…
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- presently doing financial management with uwi and would like some questions answered
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