Which of the following entities is eligible to file Federal income tax returns on a consolidated basis?
A) Professional sports team operating as a limited partnership.
B) Japanese corporation engaged in multinational operations, including two-thirds of its activities in the United States.
C) Japanese corporation engaged in multinational operations, including one-third of its activities in the United States.
D) U.S. corporation engaged in the marijuana industry.

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The Answer of Which of the following entities is eligible to file Federal income tax returns on a consolidated basis?
A) Professional sports team operating as a limited partnership.
B) Japanese corporation engaged in multinational operations, including two-thirds of its activities in the United States.
C) Japanese corporation engaged in multinational operations, including one-third of its activities in the United States.
D) U.S. corporation engaged in the marijuana industry.

Which of the Following Entities Is Eligible to File Federal