During the initial year that a group elects to file a consolidated tax return, it may, prior to the extended due date of the return, revoke its election and file separate tax returns.
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Q9: Distributions (dividends, redemptions, or liquidations) between members
Q10: Income or loss from changes in accounting
Q11: After a group elects to file a
Q12: The consolidated regulations inhibit the acquisition of
Q13: According to the Regulations, a consolidated tax
Q15: An advantage of consolidated returns is that
Q16: A loss for which a separate return
Q17: In 2011, a parent may elect to
Q18: Each subsidiary of an affiliated group must
Q19: A parent corporation may not change its
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