Andrew Solomon recently co-authored Dual Consolidated Losses, a Tax Management Portfolio™ published by the Bureau of National Affairs. The portfolio provides a detailed description of the limitations imposed for U.S. federal income tax purposes on the use of a single economic loss twice: the first time, under U.S. law, against the income of the taxpayer’s U.S. affiliates and the second time, under foreign law, against the income of its foreign affiliates.