Domestic and foreign entities owned more than 80% are included in a consolidated group's U.S. tax return.

Name: Domestic and foreign entities owned more than 80% are included in a consolidated group's U.S. tax return.
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Question

Quizplus · Accepted Answer

Domestic and foreign entities owned more than 80% are generally included in a consolidated group's U.S. tax return only if they are domestic corporations. Foreign entities are typically not included in the U.S. consolidated tax return.

Domestic and Foreign Entities Owned More Than 80% Are Included