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Do parent corporations generally prefer to file consolidated tax returns with their subsidiaries as opposed to...

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Accounting

Do parent corporations generally prefer to file consolidated taxreturns with their subsidiaries as opposed to filing separatereturns? Why or why not?

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Answer Preference of Parent corporations in consolidation of tax returns GAAP has certain guidelines to combine returns of subsidiaries According to a parent organization is needed to merge consolidate its subsidiaries return if    See Answer
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