SMURFIT NEWSPRINT CO. v. DEPARTMENT OF REVENUE, 14 OTR 434 (1998)

SMURFIT NEWSPRINT CORPORATION, a Delaware corporation v. DEPARTMENT OF REVENUE. TC 4298.In the Oregon Tax Court. December 23, 1998. INCOME TAXATION — CARRYOVER ADJUSTMENTS 1. There are two alternative ways to view carry over adjustments: (1) to allow the loss as a deduction from the net income as returned in the earlier, or the later, […]

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