• tech
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    51 year ago

    Can these measurements be used as losses to offset taxes?

    • runeko
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      41 year ago

      Typically, losses in one year can be used to offset profits in following years, but not indefinitely… maybe three years tops IIRC. But that would mean the company would have to become very, very profitable profitable, which is doubtful.

      • SeaJ
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        71 year ago

        They changed the rules under the Tax Cut and Jobs Act and losses can be carried forward indefinitely.

        • Marxism-Fennekinism
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          31 year ago

          Yup of course they fucking did. Can’t have corporations paying their fair shares after all, that’s a concept as ridiculous as cold fire.

          • SeaJ
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            11 year ago

            Regulatory capture is awesome, isn’t it?