BNET Business Dictionary
Business Definition for: Allowable Losses
- losses (as on the sale of assets) which are allowed to be set off against gains
Additional Resources
- Notice 2002-18
- Part III. Administrative, Procedural, and Miscellaneous IRS Announces Regulations Will be Issued to Prevent Duplication of Losses Within a Consolidated Group on Dispositions of Member Stock Notice 2002-18 In Notice 2002-11 (2002-7 I.R.B. 526), the Internal Revenue Service announced its intention to promulgate interim regulations that, prospectively from the date...
- Research articles 2002-03-25
- Greed: It's Not Just for Bankers
- Over the last 10 years, the City of London has paid out £61bn in bonuses to banking staff. The recent bank bail-outs have cost more than that. Effectively, 100 per cent of their outsize bonuses have been paid for by the taxpayer. The street cleaner on £15,000...
- Blog posts 2009-02-09
