Question: When a corporate tax return indicates that it is a consolidated return, it signifies that: There are intercompany loans and advances. A list of subsidiaries

When a corporate tax return indicates that it is a consolidated return, it signifies that:

  1. There are intercompany loans and advances.
  2. A list of subsidiaries is provided.
  3. An additional controlled group tax is due.
  4. There are parent guaranties of subsidiary debt

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