Government of Nova Scotia gov.ns.ca
gov.ns.ca Government of Nova Scotia Nova Scotia, Canada
Lands and Forestry

Topics

Module 10: Introduction to Woodlot - Income Tax and Estate Planning

APPENDIX 2: LOSS CARRYOVER PERIOD

Business Losses

Tax Year Loss Occurred Carryback Carryforward
Before 2003 3 years 7 years
After March 22, 2004 3 years 10 years
After 2005 3 years 20 years
     

Farm Losses

   
Tax Year Loss Occurred Carryback Carryforward
Before 2006 3 years 10 years
After 2005 3 years 20 years