One of the Motivations for the Consolidated Return Rules Is

question 128

Short Answer

One of the motivations for the consolidated return rules is to discourage conglomerates from trafficking in the deductible of other entities.

---

Definitions:

Shale Gas

Natural gas trapped within a relatively nonpermeable shale body, extracted by hydraulic fracturing.

Fine-grained

Describing materials or minerals that have small, compact particles or crystals, often used in the context of rocks or sediment.

Low Permeability

Characteristic of materials or rock formations that allow very little fluid to pass through due to small or poorly connected pores.

Salt Dome

A structure formed when buried salt buoyantly flows to the surface in steep, pipelike conduits.