Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 43.48

+8.6%

Dec 2 3:59 PM EST

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To: wanna_bmw who wrote (168425)	7/17/2002 5:28:54 PM
From: John Hull	Read Replies (3) of 186894

WBMW, tax law lets corporations accrue their losses and use them to offset future tax liability that would come from positive income in the future - though the company in question here has forecasted more losses (and more loss accruals to offset future income) next quarter. what I don't know is the "shelf-life" of those accruals. How long can they be carried before they expire? Anyone? jh

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