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    Federal Taxation
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    Exam 8: Consolidated Tax Returns
  5. Question
    In Computing Consolidated Taxable Income, Compensation Amounts Are Removed from the Taxable
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In Computing Consolidated Taxable Income, Compensation Amounts Are Removed from the Taxable

Question 111

Question 111

True/False

In computing consolidated taxable income, compensation amounts are removed from the taxable incomes of the group members and determined on a group basis.

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