Question: Consolidated returns may be filed a. Either by parent-subsidiary corporations or by brother-sister corporations. b. Only by corporations that formally request advance permission from the

Consolidated returns may be filed

a. Either by parent-subsidiary corporations or by brother-sister corporations.

b. Only by corporations that formally request advance permission from the IRS.

c. Only by parent-subsidiary affiliated groups.

d. Only by corporations that issue their financial statements on a consolidated basis.

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