Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 6 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 01 Apr 2018 My Price 4.00

significant losses

Corporation X is closing down its offices after several years of significant losses. The only shareholder is looking for anyway to recover some of his investment now that the business in winding down. At the end of 2017, the Corporation had Net Operating Losses (NOLs) of roughly $2,000,000. The shareholder calls you with a "great idea"; what if he sold the business to someone with a profitable business, effectively giving them the NOLs built up inside the X. Would this work? Is there a way to transfer the NOL to another entity?

Answers

Maurice Tutor
(5)
Status NEW Posted 01 Apr 2018 06:04 PM My Price 4.00

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