S. 3692 would rescind Treasury Notice 2008-83.
Detailed Summary
Renders Treasury Notice 2008-83 (suspending restrictions on the offset of net operating losses and unrealized built-in losses against the taxable income of certain corporate entities that acquire or merge with other entities) null and void and of no effect.
Status of the Legislation
Latest Major Action: 11/19/2008: Referred to Senate committee. Status: Read twice and referred to the Committee on Finance.
Points in Favor
(Log in to edit the wiki and be the first to show why the bill should pass!)
Points Against
(Log in to edit the wiki and be the first to show why the bill should not pass!)
Visitor Comments
There are currently no comments for this bill.