Instruction for consolidating corporation returns

Also, for the first year a subsidiary corporation is being included in a consolidated return, attach Form 1122, Authorization and Consent of Subsidiary Corporation To Be Included in a Consolidated Income Tax Return, to the parent's consolidated return.

Attach a separate Form 1122 for each new subsidiary being included in the consolidated return.

A MEC group comes into existence when the relevant eligible tier-1 companies of a potential MEC group make a choice in writing that they are forming a MEC group from a particular date.

The choice must also include the appointment of the provisional head company (PHC) of the group by the eligible tier-1 companies.

File supporting statements for each corporation included in the consolidated return. On the supporting statement, use columns to show the following, both before and after adjustments.

The choice to consolidate must be made in writing no later than: The period for making a choice in writing to consolidate cannot be changed.

The consent of a corporation referred to in paragraph (a)(1) of this section shall be made by such corporation joining in the making of the consolidated return for such year.

A corporation shall be deemed to have joined in the making of such return for such year if it files a Form 1122 in the manner specified in paragraph (h)(2) of this section.

If the post office does not deliver mail to the street address and the corporation has a P. For example, if a business is incorporated in Delaware or Nevada and the corporation's principal office is located in Little Rock, Arkansas, the corporation should enter the Little Rock address. If the corporation has a foreign address, include the city or town, state or province, country, and foreign postal code. Follow the country's practice for entering the name of the state or province and postal code.

” followed by the third party's name and street address or P. Corporations filing a consolidated return must check Item A, box 1a, and attach Form 851, Affiliations Schedule, and other supporting statements to the return.

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