IRS PLR: Consolidated Net Operating Loss Election Filing Extension Granted (IRC §1502)

April 7, 2023, 8:21 PM UTC

A corporate parent received an extension of time to elect to relinquish the entire carryback period for its group’s consolidated net operating loss. [PLR 202314014]

This story was produced by Bloomberg Tax Automation.

Learn more about Bloomberg Tax or Log In to keep reading:

See Breaking News in Context

From research to software to news, find what you need to stay ahead.

Already a subscriber?

Log in to keep reading or access research tools and resources.