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2012 Instructions for Form FTB 3805Q Net Operating Loss NOL Computation and NOL and Disaster Loss Limitations Corporations References in these instructions are to the Internal Revenue Code IRC as of January 1 2009 and to the alifornia Revenue and Taxation Code R TC. See General Information F Types of NOLs for more information. In 1998 the Franchise Tax Board FTB implemented the new Principal Business Activity PBA Codes chart that is based on the.

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