A unitary-return group includes only companies included in the federal consolidated tax return filing.

Name: A unitary-return group includes only companies included in the federal consolidated tax return filing.
Brand: Quizplus
Rating: 4.9 (37 reviews)

Question

Quizplus · Accepted Answer

A unitary business group can include companies that are required to file a consolidated federal tax return, but it can also include companies that are related through common ownership and are engaged in a unitary business, regardless of whether they file a consolidated federal tax return.

A Unitary-Return Group Includes Only Companies Included in the Federal