RODMAN, Justice.
Prior to 1943 our statutes permitted a taxpayer, in determining his income tax liability, to deduct from his income only those losses sustained during the income year. C. 158, § 322, P.L.1939.
This provision was enlarged by c. 400, § 4, S.L.1943. That Act amended subsection 6 of § 322 of the Revenue Act (G.S. § 105-147) by adding a paragraph reading: "Losses may be carried forward by the taxpayer for two succeeding tax...
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