Taxation - Federal Income Tax - The portion of the net operating loss deduction not absorbed in the "alternative" tax compensation may be carried forward to another year, notwithstanding that it was considered in making the tentative tax computation under "regular" method. Chartier Real Estate Co. v. Commissioner (1st Cir. 1970).

Authors

Virginia V. Shue

Library of Congress Authority File

http://id.loc.gov/authorities/names/n79122466

Document Type

Recent Cases

Abstract

This recent case discusses Chartier Real Estate Co. v. Commissioner (1st Cir. 1970).

Recommended Citation

Virginia V. Shue, Taxation - Federal Income Tax - The portion of the net operating loss deduction not absorbed in the "alternative" tax compensation may be carried forward to another year, notwithstanding that it was considered in making the tentative tax computation under "regular" method. Chartier Real Estate Co. v. Commissioner (1st Cir. 1970)., 8 San Diego L. Rev. 442 (1971).
Available at: https://digital.sandiego.edu/sdlr/vol8/iss2/10