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2.203 -Net Operating Loss Carry-Over
| Item | Description | FY2008 | FY2009 | FY2010 |
|---|---|---|---|---|
| 2.203 | Net Operating Loss Carry-Over
Taxpayers may carry-over for no more than five years (but not carry back) net operating losses (NOL) as defined under section 172 of the Internal Revenue Code. Origin: IRC S. 172 and M.G.L. c. 63, S. 30 (b) and (ii) Estimate: $96.0 |
92.6 | 94.1 | 96 |
Key:
| ORIGIN | |
| IRC | Federal Internal Revenue Code (26 U.S.C.) |
|---|---|
| M.G.L. | Massachusetts General Laws |
| U.S.C | United States Code |
| ESTIMATES | All estimates are in $ millions. |
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