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    Federal Taxation
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    Exam 7: Corporations: Reorganizations
  5. Question
    In a Year in Which an Ownership Change Occurs for a Corporation
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In a Year in Which an Ownership Change Occurs for a Corporation

Question 114

Question 114

True/False

In a year in which an ownership change occurs for a corporation, the NOL carryforward is limited not only by the § 382 annual limitation but also by the percentage of the year remaining.

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