What are the possible treatments for tax purposes of anet operating loss? What are the circumstances thatdetermine the option to be applied? What is the propertreatment of a net operating loss for financial reportingpurposes?

What are the possible treatments for tax purposes of a
net operating loss? What are the circumstances that
determine the option to be applied? What is the proper
treatment of a net operating loss for financial reporting
purposes?

7-esl
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