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The term “loss corporation” means a corporation entitled to use a net operating loss carryover or having a net operating loss for the taxable year in which the ownership change occurs. Such term shall include any corporation entitled to use a carryforward of disallowed interest described in section 381(c)(20). Except to the extent provided in regulations, such ..

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Section 382 of the Internal Revenue Code of 1986 limits a loss corporation’s ability to offset taxable income it generates in the years ending after an “ownership change”.  This annual limitation is called the Section 382 Limi..

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