Which is potentially a disadvantage of electing to file a federal corporate income tax consolidated...
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Accounting
Which is potentially a disadvantage of electing to file a federal corporate income tax consolidated return? (Points : 2)
a. Additional administrative costs in complying with the election
b. Deferral of gains realized in transactions between group members
c. Increased basis in the stock of a subsidiary that generates annual taxable income
d. Dividends received deduction for payments from a subsidiary to the group's parent
e. None of the above
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