Question
a PSC has made a section 444 election to obtain November 30 year end. Which of the following rules only apply to a PSC in
a PSC has made a section 444 election to obtain November 30 year end. Which of the following rules only apply to a PSC in this situation?
a) there must be a business purpose for this year end.
b) there are minimum distribution requirements.
c) the required payment must be made
d) it can carry back an NOL.
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Internal Audit Quality Developing A Quality Assurance And Improvement Program
Authors: Sally-Anne Pitt
1st Edition
1118715519, 978-1118715512
