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Soulder Corporation owns all of the stock of PebbleCo, so together they constitute a Federal affiliated group and a parent-subsidiary controlled group. By completing the

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Soulder Corporation owns all of the stock of PebbleCo, so together they constitute a Federal affiliated group and a parent-subsidiary controlled group. By completing the following table, delineate for Boulder's tax department some of the effects of an election to file Federal consolidated income tax returns

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