When applying tax loss carry backs, most companies have a policy of maximizing their return in the current year.

Name: When applying tax loss carry backs, most companies have a policy of maximizing their return in the current year.
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Tax loss carrybacks allow companies to apply a current year's tax loss to previous years' taxable income, potentially resulting in a tax refund for those years, rather than maximizing return in the current year.

When Applying Tax Loss Carry Backs, Most Companies Have a Policy