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Taxes

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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Most income tax laws provide some form of relief for losses incurred, either by carrying over the loss to offset it against profits in previous years (carry-back) or in future years (carry-forward) or by setting off the loss against other income of the same taxpayer in the year in which the loss was incurred.

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