The impetus for introducing Section 382 was that a corporation’s NOL can, counterintuitively, actually be quite valuable on the market. The Business Journals. Select a City ...

Section 382 basics. A loss corporation is a corporation that is entitled to use a tax attribute carryover (pre-change losses), such as an NOL, a net unrealized built-in loss (NUBIL), and after the ...

The impetus for introducing Section 382 was that a corporation’s NOL can, counterintuitively, actually be quite valuable on the market. ... The NOL carryover can only offset 80% of taxable income; ...