Examlex
A penalty can be assessed by the IRS if the parent corporation does not keep good records to support the computation of a subsidiary's stock basis.
Physical Functions
The biological and physiological operations or activities within an organism or body system, such as movement, breathing, or digestion.
Emotional Experiences
A rephrasing of "Emotional Response": Experiences or events that evoke a strong psychological reaction, encompassing a range of feelings.
Low Frequency
Pertaining to a rate of occurrence or a wave frequency that is lower than the average or expected.
High Amplitude
In wave phenomena, refers to waves that have a large peak value, indicating stronger or more intense waveforms.
Q10: Jokerz, a CFC of a U.S. parent,
Q38: All cash distributions received from a corporation
Q46: Section 332 can apply to a parent-subsidiary
Q54: Startup costs<br>A)Organizational choice of many large accounting
Q56: George (an 80% shareholder) has made loans
Q67: Four individuals form Chickadee Corporation under
Q68: Section 482 is used by the Treasury
Q94: Certain tax return items are computed on
Q104: Syndication costs<br>A)Organizational choice of many large accounting
Q159: The Rack, Spill, and Ton Corporations file