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reportable by Mr. Latzak. Thus, we hold that to the extent
recomputation applying these adjustments shows that GIA’s net
operating loss carryovers do not exceed the amount allowed by
respondent for 1993, petitioners are not entitled to deduct such
further amounts.
To reflect the foregoing and the parties’ concessions,
Decision will be entered
under Rule 155.
Reviewed by the Court.
WELLS, CHABOT, WHALEN, COLVIN, HALPERN, CHIECHI, LARO,
FOLEY, VASQUEZ, GALE, THORNTON, and MARVEL, JJ., agree with this
majority opinion.
SWIFT and RUWE, JJ., concur.
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