382.00-00. Limitation on Net Operating Loss Carry-forwards and Built-in Losses Following Ownership Changes

• Date: 16 August 2024
• Year: 2024
• Record Number: 202433003
• UILC Number: 382.00-00,9100.22-00
• Subject Matter: Limitation on Net Operating Loss Carry-forwards and Built-in Losses Following Ownership Changes,Other

Internal Revenue Service

Department of the Treasury

Washington, DC 20224

Number: 202433003

Release Date: 8/16/2024

Index Numbers: 9100.22-00, 382.00-00

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Third Party Communication: None

Date of Communication: Not Applicable

Person To Contact:

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Telephone Number:

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Refer Reply To:

CC:CORP:1

PLR-104230-24

Date:

May 21, 2024

Legend

Taxpayer = ------------------------------------

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Date 1 = -------------------

Year 1 = -------

Company Official = ------------------------

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Tax Professional = ------------------------------

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Dear --------------:

This letter responds to a letter dated January 18, 2024, submitted on behalf of

Taxpayer, requesting an extension of time under §§301.9100-1 through 301.9100-3 of

the Procedure and Administration Regulations to file an election. The extension is

being requested for Taxpayer to file a closing-of-the-books election under §1.382-6(b) of

the Income Tax Regulations (the "Election") with respect to an ownership change within

the meaning of section 382 of the Internal Revenue Code (the "Code"). The information

provided is summarized below.