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Corporations receiving dividends from other corporations account for such dividends for GAAP purposes the following ways at the various ownership percentages. Drag and drop application.
Corporations receiving dividends from other corporations account for such dividends for GAAP purposes the following ways at the various ownership percentages.
Drag and drop application.
Owns less than percent
Owns less than percent drop zone empty.
Owns at least percent but not more than percent
Owns at least percent but not more than percent drop zone empty.
Owns more than percent
Owns more than percent drop zone empty.
Includes a prorata portion of the distributing corporation's earnings in its book income under the "equity method of accounting"
Includes the dividend in income same as tax; no booktax differences and includes the unrealized gain or loss on the stock in its book income
Consolidates their financial reporting books and the intercompany dividend is eliminated
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