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    Taxation of Business Entities
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    Exam 5: Corporate Operations
  5. Question
    A Corporation May Carry a Net Capital Loss Back Two
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A Corporation May Carry a Net Capital Loss Back Two

Question 41

Question 41

True/False

A corporation may carry a net capital loss back two years and forward 20 years.
A corporation carries a net capital loss back 3 years and forward 5 years.

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