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Re: fool4this post# 16801

Monday, 03/20/2017 5:47:13 PM

Monday, March 20, 2017 5:47:13 PM

Post# of 19276
Section 382 rules are complex. But as long as you are a company with Net Unrealized Built-in Gain , you can use a NOL of a acquried company with some restrictions. So, if for example, DOW takes control of PFSD, they can take the NOL deduction.

If you are acquiring a company with NOLs, annual
utilization of that company’s NOLs is generally
limited to the value of the loss corporation
multiplied by the adjusted federal long-term
tax-exempt rate.

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