Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
1,723,458,660 visitors served.
forum mailing list For webmasters
?
New: Language forums
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Consolidated Tax Return

    0.01 sec.
Consolidated tax return
A tax return combining the reports of affiliated companies, that are at least 80% owned by a parent company.

Consolidated Tax Return
A tax return providing information on the assets, liabilities, profits, and losses of a group of affiliated companies. Each company's tax return is reconciled so that the return is treated as if it were for a single company. A parent company may file a consolidated tax return if it owns at least 80% of its subsidiaries.


How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
No references found
 
consolidated tax return (includible corporation), net of eliminations for intercompany transactions between includible corporations.
15) Depending upon the ownership percentages and the types of entities involved, a controlled group may include entities that are not members of the same consolidated tax return group and there may be multiple consolidated tax return groups.
Even if you're filing a consolidated tax return at the federal level, it doesn't mean that you have to file on a combined basis in every state," says Moran.
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2009 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.