Biology Forums - Study Force

Identify which of the following statements is true.
A) When applying the large corporation rules for purposes of determining underpayments, each member of an affiliated group is considered separately.
B) The entire consolidated tax liability cannot be collected from one group member.
C) Once consolidated tax returns have been filed for two consecutive years, the affiliated group must pay estimated taxes on a consolidated basis.
D) All of the above are false.

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