What Is Section 382 and How Does It Limit NOLs? - LegalClarity Section 382 of the Internal Revenue Code (IRC) is a rule that limits how a corporation can use its pre-change tax attributes, such as Net Operating Losses (NOLs), after a significant change in ownership occurs
Credits and NOLs under section 382 more section 382 FAQs | Baker Tilly When an ownership change, as defined in IRC Section 382, occurs, it results in an IRC Section 382 limitation that applies to all NOLs and credits generated prior to the ownership change date that can be used to offset taxable income incurred after the ownership change date
§382, Limitation on Net Operating Loss Carryforwards and Certain . . . - CCH If the section 382 limitation for any post-change year exceeds the taxable income of the new loss corporation for such year which was offset by pre-change losses, the section 382 limitation for the next post-change year shall be increased by the amount of such excess
Senate Bill 382 (2026) - The Florida Senate CS SB 382: Micromobility Device GENERAL BILL by Transportation ; Truenow ; (CO-INTRODUCERS) Leek ; Yarborough Micromobility Device; Providing requirements for the operation of electric bicycles; prohibiting the operation of an electric bicycle above a certain speed under certain circumstances; creating the Micromobility Device Safety Task Force adjunct to the Department of Highway Safety and
§382. Limitation on net operating loss carryforwards and . . . - House If the section 382 limitation for any post-change year exceeds the taxable income of the new loss corporation for such year which was offset by pre-change losses, the section 382 limitation for the next post-change year shall be increased by the amount of such excess
26 CFR § 1. 382-5 - Section 382 limitation. - LII Legal Information . . . The section 382 limitation for any post-change year that is less than 365 days is the amount that bears the same ratio to the section 382 limitation determined under section 382 (b) (1) as the number of days in the post-change year bears to 365