id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
inlawrev-2268	Sharp, William M.	An Analysis of Corporate Transactions Involving Net Operating Loss Benefits	1977	29	.pdf	application/pdf	12357	540	50	Congress also intended to provide liquid funds to a once profitable taxpayer currently suf- fering net operating losses. Issue: Can ABC Corporation carry over the net operating loss attributable to Z for the year ending December 1974 even though Z was discontinued? Example 3: In 1974, P Corporation, a profitable steel manufacturer, acquired S Corporation, a steel fabricator that had experienced net operating losses for many years.	cache/inlawrev-2268.pdf	txt/inlawrev-2268.txt