net capital loss

(10)The term “net capital loss” means the excess of the losses from sales or exchanges of capital assets over the sum allowed underIn the case of a corporation, for the purpose of determining losses under this paragraph, amounts which are short-term capital losses under section 1212(a)(1) shall be excluded.

Source

26 USC § 1222(10)


Scoping language

None: Default is title Scope
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