The § 382 limitation on the use of capital loss carryovers is triggered when there is a change in ownership (value)of more than 50 percentage points for the shareholders owning at least 5% of the stock.

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This is true. Section 382 of the Internal Revenue Code imposes limitations on the use of net operating loss and capital loss carryovers when there is a significant ownership change, specifically when one or more 5% shareholders increase their ownership by more than 50 percentage points.

The § 382 Limitation on the Use of Capital Loss