35 Miss. Code R. § 3-08-07-102.03
Current through June 25, 2024
A newly acquired corporate member will also be eligible to be included in the combined return; but loss carryovers incurred prior to the time that the corporation became a member of the affiliated group can only offset income in that newly acquired corporation's future returns. Those losses will not be allowed to offset income of the other affiliated corporations.
35 Miss. Code. R. § 3-08-07-102.03