IRS Clarifies Ordering Rules for Alternative Tax NOLs

IRS clarified that the amendment to Sec. 56(d) made by the WHBAA did not create new ordering rules for absorbing ATNOLs.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/G5H08gYzt78/Tax_Clinic_07.aspx

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