loss disallowance rule (LDR)
Definition
When the IRS stops a corporation from filing one tax return to cover the corporation and other pieces of the corporation that are owned by a third party. This prevents a company from trying to release any losses incurred by the separate entity.
Related Articles
- ECN's and Online, Day and Active Trading *
- Currency and Precious Metals as Investments *
- An Explanation of Home Equity and the Related Loans *
- Benefits and Risks Associated with Bonds *
- How to Set Up a Budget *
- What Are The Most Commonly Traded Commodities? *
- Steps to Take to Improve your Credit *
- AMEX, NASDAQ, OTC and Other Exchanges *
Related Videos
http://www.businessdictionary.com/definition/loss-disallowance-rule-LDR.html
