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    Federal Taxation
  4. Exam
    Exam 8: Consolidated Tax Returns
  5. Question
    Consolidated Group Members Each Must Use the Same Tax Year
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Consolidated Group Members Each Must Use the Same Tax Year

Question 76

Question 76

True/False

Consolidated group members each must use the same tax year end, and all of the members must use the same tax accounting methods (e.g., LIFO or FIFO).

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