ParentCo,SubOne and SubTwo have filed consolidated returns since 2008.All of the entities were incorporated in 2007.Taxable income computations for the members include the following.None of the group members incurred any capital gain or loss transactions during these years,nor did they make any charitable contributions.
How should the 2009 consolidated net operating loss be apportioned among the group members?
Definitions:
Pleasure and Desire
Fundamental aspects of human psychology that drive behaviors, with pleasure being a state of gratification and desire the longing for certain experiences.
Avoidant
A term often related to behavior or personality, indicating a tendency to withdraw from or avoid certain situations or interpersonal connections.
Passive
Accepting or allowing what happens or what others do, without active response or resistance.
Primary Motivation
A fundamental drive or psychological need that propels an individual's behavior and actions.
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