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Explain how a company may utilize a net capital loss for tax purposes. After this is explained,...

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Finance

Explain how a company may utilize a net capital loss for taxpurposes.

After this is explained, give an example you’ve seen orread.

Provide your reference.

Answer & Explanation Solved by verified expert
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A company may utilize a net capital loss to reduce its future years profits with that loss If a company make a loss in any financial year then that loss can be carry forward    See Answer
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