Sentences with phrase «subsequent tax years so»
GE had net operating losses at the height of the financial crisis that federal law allows them — and every other corporate taxpayer — to carry over to subsequent tax years so as not to unfairly burden it with the calendar set by bureaucracy.
http://www.nystateofpolitics.com/ Not exact matches
Timmer: Yeah, so last August which was a key inflection point for the market — because at that point, nobody was expecting tax cuts anymore and the 10 - year Treasury had fallen to 2 %, and the bond market which of course is always pricing in the potential future, was pricing in only one more rate hike over the subsequent two years.
However, if you file a tax return using the cash method, you must continue to do so in subsequent years unless permission is obtained from the minister to do otherwise.