carryforward
See also: carry forward
English
Noun
carryforward (plural carryforwards)
- (accounting, taxation) An income tax loss or credit not usable in the current year that can be applied to offset income or taxes paid, respectively, in subsequent tax years.
See also
- carryback
Net operating loss on Wikipedia.Wikipedia
This article is issued from
Wiktionary.
The text is licensed under Creative
Commons - Attribution - Sharealike.
Additional terms may apply for the media files.