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Title: Parent and Subsidiary Corporations are members of an affiliated group. Their separate taxable ... Post by: Mandarini on Feb 14, 2017 Parent and Subsidiary Corporations are members of an affiliated group. Their separate taxable incomes (before taking into account any dividends) are $75,000 and $85,000, respectively. Subsidiary Corporation receives a dividend from a less-than-20%-owned corporation of $7,500 and from an affiliated 100%-owned nonconsolidated insurance subsidiary of $40,000. Subsidiary distributes a dividend of $35,000 to Parent Corporation who also receives dividends of $5,500 from a less-than-20%-owned corporation. The consolidated dividends-received deduction is what?
Title: Re: Parent and Subsidiary Corporations are members of an affiliated group. Their separate taxable ... Post by: genflynn on Feb 14, 2017 Content hidden
Title: Re: Parent and Subsidiary Corporations are members of an affiliated group. Their separate taxable ... Post by: Mandarini on Jul 15, 2017 Thank you!!
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