Controlled Groups

[Guest THess]

Could someone tell me if, based on the following information, do any of the companies constitute a controlled group?

Co. A Co. B Co. C Co. D

Jim 19% 0% 27% 25%

Steve 19% 0% 0% 25%

Joe 40% 100% 0% 0%

Tim 13% 0% 0% 25%

Mike 0% 0% 0% 25%

John 3% 0% 73% 0%

Thank you so much!

[R. Butler]

At first glance I don't see a controlled group, but there isn't enough info. here to give you a definitive answer. Is there any attribution between the parties? Co. A ownership only adds to 94%; who owns the other 6%?

[Archimage]

After briefly looking over your information I can't see that any combination would constitute a controlled group.

[Dougsbpc]

I agree. The same five or fewer owners who do have 51% identicle ownership between A and D do not together have at least 80% ownership in each company A and D. Companies B and C do not have more than 50% identicle ownership.

[JanetM]

Are any of these folks related? Father/son?

[Guest THess]

Sorry...typo....Joe owns 46% of Company A - No, there is no relation between owners. I didn't think a controlled group existed, but wanted to be sure.

Thank you for all your help.

[Guest THess]

Okay....a week later, and I am now notified that Steve and Joe are married....obviously, the names were changed to protect the guilty. So, what's the controlled status now?

Thanks so much!

[R. Butler]

Ah, a San Francisco couple. We will have to wait too see if the CA Attorney General actually does his job before we know if they are really married or not.

Again at first glance I don't see a controlled group. You are looking primarily at A & D. Mike doesn't have any ownership an A so his interest is excluded.

[Guest THess]

LOLOL R. Butler.....

I didn't think there was a controlled group either. You are right...my only consideration was A & D, but I thought that Mike could be eliminated, therefore not meeting the common ownership test.

Thank you so much! Have a great day!