The Los Angeles Bar Journal, Volume 51Los Angeles County Bar Association, 1975 - Bar associations |
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Results 1-3 of 44
Page 28
... operating loss concepts have coexisted in the Internal Revenue Code for more than thirty - five years in essentially the same form , important litigation has occurred in recent years over the proper result when both apply in a given ...
... operating loss concepts have coexisted in the Internal Revenue Code for more than thirty - five years in essentially the same form , important litigation has occurred in recent years over the proper result when both apply in a given ...
Page 30
... operating losses aggregating $ 11,458 . In computing tax for the first year under the " alternative " method pro- vided in Section 1201 ( a ) , the taxpayer at- tempted to apply a portion of such net operating loss against the capital ...
... operating losses aggregating $ 11,458 . In computing tax for the first year under the " alternative " method pro- vided in Section 1201 ( a ) , the taxpayer at- tempted to apply a portion of such net operating loss against the capital ...
Page 32
... operating loss without reduction for such capital gain remain no less strong . Nowhere is there any specific intent revealed in the Code to deny net operating loss treatment to an ordinary loss merely because the alternative capi- tal ...
... operating loss without reduction for such capital gain remain no less strong . Nowhere is there any specific intent revealed in the Code to deny net operating loss treatment to an ordinary loss merely because the alternative capi- tal ...
Contents
Reopening | 22 |
Are Net Operating Losses | 28 |
The Practical Aspects of Claim | 96 |
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