businesses with the same moms and dad organization just who possess stock. This nets an individual's loss against anothers revenue. The members have 80% or higher of voting power and stock of all organizations involved. AKA consolidated team.
a team of companies with a standard mother or father linked through stock ownership for the purpose of netting one business's reduction from the profits of some other. The team files a consolidated tax return. People own at the very least 80per cent of complete voting power and subsidiary or stock worth of the companies included. Also called consolidated group.