A1537 — Establishes net operating loss carryback deduction under corporation business tax.

A1537 — Establishes net operating loss carryback deduction under corporation business tax. · Informed CitizenryThis bill amends the Corporation Business Tax to establish a net operating loss (NOL) carryback deduction. It allows corporate taxpayers to carry back net operating losses to the two preceding priv…Open in Informed Citizenry