The CARES Act included a five-year net operating loss carryback period. Robert Kovacev and Robert Morris of Norton Rose Fulbright highlight the dangers of rushing to claim these NOLs that could become more of a pitfall than a benefit for the unwary taxpayer.

Read the entire article.



Contact

Robert C. Morris
Robert C. Morris
Co-Head of Tax, United States; Office Administrative Partner, Houston
Email
robert.morris@nortonrosefulbright.com
T: +1 713 651 8404

Practice area:

Industries:

Recent publications

Navigating international trade and tariffs

Publication

Navigating international trade and tariffs

Recent tariffs and other trade measures have transformed the international trade landscape, impacting almost every sector, region and business worldwide.

Global | April 21, 2025

International trade

Publication

Does time equal money?: Costs claims in construction projects

In our previous two articles for this series we discussed variations in construction contractsand extension of time claims and assessing delay). In our third article we explore prolongation and disruption costs.

Global | March 25, 2025

Real estate
UK

Publication

Global offshore wind: UK

The UK remains a world leader in offshore wind, accounting for roughly 20 percent of global offshore wind capacity, with 11.3 GW operational. It is forecast that installed capacity will rise to 19.5 GW by mid 2020s.

Global | February 11, 2025

Energy, infrastructure and resources
Site search

Subscribe and stay up to date with the latest legal news, information and events . . .

Register now