Business, Kelley School of | Federal Taxation of Corporations Filing Consolidated Returns (1-4 hr)
A544 | --


The principal focus of this course is on the consolidation return
regulations, including concepts and history; eligibility to file;
computation of consolidated and separate taxable income; inter-company
transactions; SRLY rules; consolidated basis adjustments, loss
disallowance rules and procedures.  Other tax issues raised by affiliated
corporations include the multiple limitations of Section 1561.