UNOL means the unabsorbed portion of net operating loss as
UNOL means the unabsorbed portion of net operating loss as calculated under paragraph (6) of subsection (k) of this section as such paragraph was in effect for the last privilege period ending prior to July 31, 2019, that was not deductible in previous privilege periods and was eligible for carryover on the last day of the base year subject to the limitations for deduction under such subsection, including any net operating loss sustained by the taxpayer during the base year.
UNOL means the unabsorbed portion of net operating loss as calculated under paragraph
Examples of UNOL in a sentence
The taxpayer shall first calculate the tax value of its UNOL for the base year and for each preceding privilege period for which there is a UNOL.
The value of the UNOL for each privilege period is equal to the product of (I) the amount of the taxpayer's UNOL for a privilege period, and (II) the taxpayer's base year BAF.
More Definitions of UNOL
UNOL means the unabsorbed portion of a net operating loss, as calculated at N.J.S.A. 54:10A-4(k)(6), that was in effect for the base year, the last privilege period ending prior to July 31, 2019. The UNOL is the amount that was not deductible in previous privilege periods and was eligible for carryover on the last day of the base year subject to the limitations for deduction pursuant to this paragraph, including any net operating loss sustained by the taxpayer during the base year. The UNOL is the amount reported on Form 500;
UNOL means the unabsorbed portion of net operating loss as calculated under paragraph (6) of subsection (k) of this section, as such paragraph was in effect for the last privilege period ending prior to [the effective date of P.L.2018, c.48 (C.54:10A-54.1
UNOL means the unabsorbed portion of net operating loss (NOL) as calculated under Tax Law
UNOL means the unabsorbed portion of net operating loss as calculated under paragraph (6) of subsection (k) of this section as such paragraph was in effect for
UNOL means the unabsorbed portion of a net operating loss, as calculated at N.J.S.A. 54:10A-4(k)(6), that was in effect for the base
UNOL means the unabsorbed portion of net operating loss as calculated under paragraph (6) of subsection (k) of this section as such paragraph was in effect for the last privilege period ending prior to[the effective date of P.L.2018, c.48 (C.54:10A-54.1 et al.) ] July 31, 2019, that was not deductible in previous privilege periods and was eligible for carryover on the last day of the base year subject to the