Net Operating Loss Carryforward and Carryback Provisions in Europe

Net Operating Loss Carryforward and Carryback Provisions in Europe

The text discusses net operating loss (NOL) tax provisions in Europe for the year 2024. It mentions that businesses can carry forward their losses for an unlimited number of years in some European countries, while others have time limits. The text also highlights the restrictions on carryback provisions and deductibility limits imposed by certain countries. Additionally, it mentions recent changes in carryover provisions in countries like Belgium, Romania, and Germany.

Amid spat, Elam proposes to gain support to halve asylum application time

Amid spat, Elam proposes to gain support to halve asylum application time

Far-right Elam has proposed to halve the time refugees have to file asylum applications or appeals in court, with government-supporting parties showing support for the idea.