Calif.’s New Budget Sets Stage for Life-Sci Shops to Double NOL Carry-Forward Duration | GenomeWeb
SAN FRANCISCO — California’s $143 billion compromise budget, hammered out late last week by Gov. Arnold Schwarzenegger and legislative leaders after an 81-day stalemate, has a provision that will eventually enable life-science companies to double the amount of time they can carry forward tax deductions on their net operating losses.
 

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