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INSIGHT: Promise and perils of tentative refunds—tax controversy aspects of NOL carrybacks under CARES Act

Authors:

Robert J. Kovacev
 
Robert C. Morris
 

United States |  Publication |  April 2020

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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.

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Robert J. Kovacev
Robert J. Kovacev
Partner
Robert C. Morris
Robert C. Morris
Co-Head of Tax, United States

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