Question: Multiple Select Question Select all that apply In general, what techniques are appropriate to allocate consolidated income tax expense across the parent and subsidiary companies?
Multiple Select Question
Select all that apply
In general, what techniques are appropriate to allocate consolidated income tax expense across the parent and subsidiary companies?
Tax expense is attributed to each company based on its percentage of total taxable income.
Tax expense is divided among companies based on the relative ownership proportions of the parent and noncontrolling interest.
Tax expense is attributed to each company based on its percentage of total tax computed using separate tax returns.
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