R Corporation Is Merged into B Corporation in an "A

question 11

Multiple Choice

R Corporation is merged into B Corporation in an "A" reorganization on June 30, 2012.R has a $250,000 NOL carryover.B has taxable income (before the NOL deduction) of $800,000 for the year ending December 31, 2012.How much of R's NOL can B deduct on the 2012 tax return? (Assume §382 does not apply.)

• A)$0
• B)$250,000
• C)$50,000
• D)$125,000

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Definitions:

Small-Batch Production

A manufacturing technique that produces goods in small quantities, often tailored to specific customer needs or niches.

Mass Production

The manufacture of large quantities of standardized products, often on assembly lines, enabling economies of scale.

Continuous-Process Technology

Technologies or systems designed for the continuous production of goods, typically in manufacturing.

Automated Chemical Processing

The use of technology and machinery to perform chemical reactions and operations with minimal human intervention, enhancing efficiency and safety.