Which of the following tax items is not likely to be considered when a group of related corporations is evaluating the election to file on a consolidated basis?
A)Foreign tax payments.
B)Capital gains and losses.
C)Deferral of gains from intercompany transactions.
D)AMT preferences and adjustments.
E)All of the above should be considered.

Question

Quizplus · Accepted Answer

All of the items may be computed on a group basis and be used to manage the tax liabilities of the group as a whole.

Which of the Following Tax Items Is Not Likely to Be