Which of the Following Entities Is Eligible to File Federal

Multiple Choice

Which of the following entities is eligible to file Federal income tax returns on a consolidated basis?

A) Professional sports team operating as a limited partnership.
B) Japanese corporation engaged in multinational operations, including two-thirds of its activities in the U.S.
C) Japanese corporation engaged in multinational operations, including one-third of its activities in the U.S.
D) U.S. corporation engaged in the nuclear energy industry.