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    <title>Case law - loss set off</title>
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    <description>Reply concluded that, under the provision invoked, the taxpayer meets the qualifying conditions and is entitled to carry forward the loss; the increase in one shareholder&#039;s numeric holding by issuance of additional shares while the same persons remain shareholders did not preclude loss carryforward on these facts.</description>
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      <description>Reply concluded that, under the provision invoked, the taxpayer meets the qualifying conditions and is entitled to carry forward the loss; the increase in one shareholder&#039;s numeric holding by issuance of additional shares while the same persons remain shareholders did not preclude loss carryforward on these facts.</description>
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