Question: Both brother-sister groups and parent-subsidiary groups are controlled groups for federal tax purposes. However, the qualification as a controlled group is more of an issue

Both brother-sister groups and parent-subsidiary groups are controlled groups for federal tax purposes. However, the qualification as a controlled group is more of an issue for brother-sister groups than for parent-subsidiary groups. Can you explain why?

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Parentsubsidiary groups typically file one consolidated tax return so ... View full answer

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