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The Starting Point in Computing Consolidated Taxable Income Is the Sum

question 152

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The starting point in computing consolidated taxable income is the sum of the separate Federal taxable income amounts of the affiliated group members.


Definitions:

Penile-vaginal Intercourse

A sexual act involving the insertion of the penis into the vagina.

Oral-genital Sex

Sexual activities that involve the stimulation of the genitalia by using the mouth, lips, and tongue.

Hepatitis A

An extremely infectious disease affecting the liver, resulting from the hepatitis A virus, commonly spread by consuming food or water that is contaminated.

Hepatitis B

A potentially life-threatening liver infection caused by the hepatitis B virus (HBV).

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