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2012 Status of the California Net Operating Loss Deduction

by Frank Favaro | Jul 8, 2015 | State

For the tax years 2008 through 2011 California had suspended the Net Operating Loss (NOL) deduction for corporate and individual taxpayers with income above a specified threshold ($500K in 2008/2009; $300K in 2010/2011). Because of the economic hardship that many...

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