Question: Multiple Choice Question Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp., Kennedy Corp. and

Multiple Choice Question

Strieby Corp. operates a business with three separate entities as subsidiaries that operate as a unitary business: Matty Corp., Kennedy Corp. and Jackson Corp.. Strieby has arranged operations so that Matty has nexus only with Texas, Kennedy has nexus only with Massachusetts, and Jackson has nexus only with California. Strieby is domiciled in California. Assuming California is unitary state, which entities will be included in the Strieby income tax return?

Multiple choice question.

Strieby, Matty, Kennedy and Jackson will ALL be required to file a California return.

Only Strieby and Jackson will file a California income tax return.

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