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tax loss

   Also found in: Financial 0.01 sec.
tax loss
n
(Economics, Accounting & Finance / Accounting & Book-keeping) a loss sustained by a company that can be set against future profits for tax purposes


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Without IMMEDIATE capital gains to apply these losses to, essentially tax loss selling is a “bet” that you will be a much better investor next year than you were this year.
Here's how a tax loss carryback works: Say a company reports a net operating loss of $100 in 2008 and had combined profit of $100 in 2006 and 2007.
A lot of racing businesses trade at a tax loss and in partnership.
 
 
 
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