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Acronymfinder

What does OFL stand for?

OFL stands for Overall Foreign Loss


This definition appears very rarely and is found in the following Acronym Finder categories:

  • Business, finance, etc.

See other meanings of OFL

Other Resources:
We have 43 other definitions for OFL in our Acronym Attic

Samples in periodicals archive:

These adjustments (reported on Schedule J, Separate Limitation Loss Allocations and Other Adjustments Necessary To Determine Numerators of Limitation Fractions, Yearend Recharacterization Balances, and Overall Foreign Loss Account Balances) affect the numerator of the limitation fraction used to compute the foreign tax credit.
Perez has 13 years of experience advising clients on inbound and outbound international taxation, including acquisition and disposition planning, initial structuring for new country investments, tax efficient financing structures, foreign tax credit planning including expense apportionment and overall foreign loss planning, earnings and profits computation, transfer pricing and repatriation strategies.
A company's future use of the FTCs may also be affected by the carryback as a result of the potential recapture of overall foreign loss accounts, separate limitation loss accounts, and overall domestic loss accounts resulting from the NOL utilization.