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Business, 28.09.2019 03:10 jaici68

Purple, inc., a domestic corporation, owns 80% of blue, ltd., a foreign corporation and yellow, inc., a domestic corporation. purple also owns 50% of green, inc., a domestic corporation. purple receives no distributions from any of these corporations. which of these entities' net income are included in purple's federal income tax return for the current year, assuming that purple elects to include all eligible entities in its consolidated federal income tax return?

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Purple, inc., a domestic corporation, owns 80% of blue, ltd., a foreign corporation and yellow, inc....

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