Demystifying the CARES Act Webinar - April 3, 2020 CARES Act Webinar – BD 4.3.2020 | Page 13
BUSINESS TAX PROVISIONS
Relaxation of limitations on Net Operating Losses
• 5-year carry-back now allowed
• 80% limitation eliminated
Relaxation of limitations on excess business losses
• Retroactive to 2018 – amend?
Accelerates ability to recover Corporate AMT credits
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