Home > Terms > English, UK (UE) > Net operating loss carryforward and carrybacks

Net operating loss carryforward and carrybacks

Provisions in the tax laws allowing firms to use accumulated net tax losses to offset income earned over a specified number of future years or recover taxes paid during a limited number of prior years.

This is auto-generated content. You can help to improve it.
0
Collect to Blossary

Member comments

You have to log in to post to discussions.

Terms in the News

Featured Terms

Harry8L
  • 0

    Terms

  • 0

    Blossaries

  • 1

    Followers

Industry/Domain: Education Category: Colleges & universities

Graduate Management Admission Test (GMAT)

Like the GRE, GMAT is a pre-requisite test for students wishing to apply to MBA programmes in USA. Similarly, the top business schools around the ...

Contributor

Featured blossaries

Knives

Category: Objects   1 20 Terms

Philosophical Concepts

Category: Other   2 24 Terms