i
Chapter 13-B - Special Allovable itemized Deductions and NOLCO
7
A taxpayer has the following historical results of operations:
aos (P 600,000)
zo 700,000)
28 400,000
ae (200,000)
100,000
‘What isthe total outstanding NOLCO at the end of 2020 w
infuture years? hich can be carried
ape «2600000
3 Peon on