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Re: Oakie1 post# 32073

Monday, 10/22/2018 2:40:41 PM

Monday, October 22, 2018 2:40:41 PM

Post# of 35337
It’s not as simple as you assert. In a taxable stock sale, the corporation’s tax attributes (net operating loss (NOL), capital loss, and tax credit carryovers and certain built-in losses) come under the control of the buyer. However, these tax attributes can be subject to severe restrictions after a corporate ownership change under Secs. 382 and 383.

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