Organschaft parent need not be active business until subsidi ...
The Supreme Tax Court has held that an Organschaft parent must be an active business by the effective date of the first profit surrender, i.e. the first year end of the subsidiary. It also held that the provision allowing profit pooling agreements with formally inadequate loss subvention provisions to be corrected by December 31, 2014 applies to all agreements existing on February 26, 2013 regardless of the nature of the inadequacy.
Kategorien: Supreme Tax Court cases
Schlagwörter: Organschaft, Active business, parent, pr ...
