A consolidated return may be filed by a group of corporations who are affiliated through
stock ownership if that affiliated group filed for the same tax period a consolidated
return for federal income tax purposes pursuant to Section 1501 of the Internal Revenue
Code. A consolidated return must include all companies that are so affiliated.
(b)
Once a consolidated return has been filed for any taxable year, consolidated returns
shall continue to be filed in subsequent years unless the applicable requirements
of the rules and regulations for discontinuing the filing of consolidated returns
have been met.
(Ord. 2004-07. Passed 2-24-04.)
var val = document.getElementById('citecontent').innerHTML;
art.dialog.defaults.title = window.location.href;
art.dialog.data('cite', val);
art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');
