Under the Consolidated Return Rules, the Realized Gain from an Intercompany

Multiple Choice

Under the consolidated return rules, the realized gain from an intercompany transaction is deferred. For most taxpayers, this produces:

A) An advantage in terms of the time value of money.
B) A disadvantage in terms of the time value of money.
C) A compliance issue that cannot be resolved.
D) A 20% penalty on the consolidated group.