Word: currented
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...companies. But it could also turn out to be a leg up for corporations in the recovery. All that red ink could turn out to be a little-noticed boon for corporate bottom lines. That's because companies are allowed to record a tax credit for current losses in order to lower their tax bill when they return to profitability. (See six year-end tax tips...
...hard to know just how much that $400 billion in losses will end up lowering corporate America's tax bill. Companies are allowed to record tax credits for current losses and use those credits to lower their bill when they return to profitability. If companies have more tax credits than profits, they are allowed to carry those credits forward for up to 20 years or until they are used up. (See 10 ways to spend your tax refund...
Cheung, Sullivan, and current Vice Mayor Sam Seidel are the likeliest to not succeed, since they are the three preliminary winners who received the fewest votes...
...opposition movement continues, the hard-liners who took control in the aftermath of the election are closing ranks to an ever greater degree. In the weeks before the current demonstrations, the government sent a warning that it was preparing to go after the top leaders of the opposition by opening an investigation into the activities of Mehdi Karroubi, one of the losing presidential candidates. Karroubi has been collecting evidence of abuse and murder by government security services in the aftermath of the election. The fact that the government could turn against someone with such impeccable revolutionary credentials (Karroubi...
What this all speaks to is the special dilemma that the regime now faces. The Islamic Republic in its current form cannot be the Islamic Republic without its current slate of anti-Western commemorations. Yet, by continuing to hold these ritualized rallies and marches, the regime is exposing itself to counter-protests that are steadily undermining the government's authority. On Wednesday there were reports that the state's keynote speaker at the embassy rally was drowned out by the chants of nearby protesters. Worse still from the prospective of Iran's leaders, these chants were picked...