New York policy
S7877: Relates to application of net operating losses in the calculation of corporate franchise taxes
NY Senate · Sponsor Andrew Gounardes
- Jurisdiction
- New York State
- Applies to
- New York State (proposed)
- Effective
- February 10, 2026
What it requires
Restricts the carrying forward of net operating losses to five years.
ny-statesenatelegislationbill
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