Can you transfer tax loss carryforwards?

Tax loss carryforwards generally cannot be transferred between different taxpayers; they are tied to the entity that incurred the losses. However, in certain situations, such as mergers or acquisitions, there may be specific rules that allow for the utilization of another company's tax loss carryforwards. It's essential to consult tax regulations or a tax professional to understand the nuances and eligibility criteria in such cases.