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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (988913)	12/19/2016 11:44:44 AM
From: i-node	2 Recommendations Recommended By jlallen one_less Respond to of 1579898

You don't know what you're talking about. >> Loans can be carried over many years and are not reported in conjunction with tax deductions and P/L. Uh, you're taking the deduction in future years. At that time, if you undergo audit, which is common with large NOLs, the basis for the loss will be determined. At the same time, the circumstances surrounding the cancellation of debt will be evaluated which could give rise to additional income rather than a NOL.