Comments Document
On behalf of the Council On State Taxation (COST), I respectfully submit these comments in support of H.B. 2681, which would as amended direct the Department of Taxation to examine and simplify the calculation of net operating losses (NOLs) for corporate income tax purposes. We have also reached out to the Department and have offered to act as a resource on this issue.
Comments Document
On behalf of the Council On State Taxation (COST), I respectfully submit these comments in support of H.B. 2681, which would as amended direct the Department of Taxation to examine and simplify the calculation of net operating losses (NOLs) for corporate income tax purposes. We have also reached out to the Department and have offered to act as a resource on this issue.