<p>Kentucky DOR Amends Rules on Net Operating Loss Computation, Deduction for Corporations</p>

Kentucky DOR Amends Rules on Net Operating Loss Computation, Deduction for Corporations

Kentucky Department of Revenue

The Kentucky Department of Revenue amended rules to establish methods of computing a corporation's net operating loss deduction and application of the deduction to subsequent taxable years on eligible taxable net income.

<p>The Kentucky Department of Revenue amended rules to establish methods of computing a corporation's net operating loss deduction and application of the deduction to subsequent taxable years on eligible taxable net income.</p>