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When helping group members to define their personal goals, it is important to remember that
Subsidiaries
Companies that are controlled by another company, known as the parent company, through ownership of the majority of voting stock.
Intra-entity Gains
Profits realized from transactions within the same entity, often eliminated in preparation of the consolidated financial statements.
Separate Tax Returns
Tax filings made by individuals or married couples separately, rather than a joint tax return, often to optimize tax liability.
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