Wholly Owned Corp and Parent Not the “Same Corporation” for Interest Netting

In Ford Motor Co. v. United States, No. 14-458T (Ct. Cl. 2017), the court addressed whether a wholly owned corporation and its parent were the “same corporation” when computing the amount of interest the taxpayer owed to the IRS. This ….. The post Wholly Owned Corp and Parent Not the “Same Corporation” for Interest Netting appeared first on Houston Tax Attorney.
Source: Houston Tax Attorney