Definition of Tax Loss Carry Forwards


Tax Loss Carry Forwards means the amount of non-capital losses (for purposes of the ITA) arising from the carrying on of the Business of the Corporation;
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Examples of Tax Loss Carry Forwards in a sentence

Tax Loss Carryforwards As of the taxation year ended December 31, 2015, the Trust had capital losses available for tax purposes of $13,471,730.
Tax Loss Carryforwards As of the taxation year ended December 31, 2015, the Trust had no capital losses available for tax purposes.
Tax Loss Carryforwards As of the taxation year ended December 31, 2015, the Trust had capital losses available for tax purposes of $2,044,356.
Tax Loss Carryforwards As of the taxation year ended December 31, 2016, the Trust had capital losses available for tax purposes of $449,337 (2015: $nil).
Tax Loss Carryforwards As of the taxation year ended December 31, 2016, the Trust had capital losses available for tax purposes of $nil (2015: $13,471,730).