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Re: rainbow1111 post# 352929

Wednesday, 12/21/2011 10:19:42 AM

Wednesday, December 21, 2011 10:19:42 AM

Post# of 732408
Are you sure about that?

you are wrong. A NOL is not a credit. A credit is dollar-for-dollar.



http://www.investopedia.com/terms/n/netoperatingloss.asp#axzz1hBMICg63


Investopedia explains 'Net Operating Loss - NOL'
If a company has a net operating loss, it can apply this tax relief in two ways: it can apply the net operating loss to its past tax payments and receive a tax credit; or it could apply the net operating loss to future income tax payments, reducing the need to make payments in future periods.
Read more: http://www.investopedia.com/terms/n/netoperatingloss.asp#ixzz1hBO8WsQJ

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