Which of the following best describes the treatment applicable to unused business credits? ...
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Accounting
Which of the following best describes the treatment applicable to unused business credits?
Unused amounts are carried forward indefinitely. |
Unused amounts are first carried back one year and then forward for 20 years. |
Unused amounts are first carried back one year and then forward for 10 years. |
Unused amounts are first carried back three years and then carried forward for 15 years. |
None of the above. |
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