The CARES Act included a five-year net operating loss carryback period. Robert Kovacev and Robert Morris of Norton Rose Fulbright highlight the dangers of rushing to claim these NOLs that could become more of a pitfall than a benefit for the unwary taxpayer.

Read the entire article.



Contact

Robert C. Morris
Robert C. Morris
Co-Head of Tax, United States
Email
robert.morris@nortonrosefulbright.com
T: +1 713 651 8404

Practice area:

Industries:

Recent publications

Financial-institution-building-monthly-wrap-up-australia

Publication

Financial services monthly wrap-up: October 2024

In October 2024, the Australian Securities and Investments Commission (ASIC) was successful in its action against a life insurer in relation to misleading statements.

Australia | November 19, 2024

Financial institutions
COP29 – half-way update

Publication

COP29 – half-way update

COP29 began this week in Baku, Azerbaijan with momentum.

Australia | November 15, 2024

Environmental, social and governance (ESG)
lady-justice

Publication

Are you being served?

The Queensland Court of Appeal has ruled in favour of the builder of a solar farm in a dispute over non-payment of a payment claim, in RE Oakey Pty Ltd v Canadian Solar Construction (Australia) Pty Ltd [2024] QCA 202.

Australia | November 13, 2024

Energy, infrastructure and resources
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Register now