Guest tajcc Posted December 27, 2006 Posted December 27, 2006 Company A has two owners that own 50% each. Company B has three owners The two owners of Company A both own 30% each of Company B. The third owner owns 40% of Company B, and has no ownership in any other company. Is this a brother-sister control group? Thank you.
Guest Pensions in Paradise Posted December 28, 2006 Posted December 28, 2006 Are Owners 1, 2 and 3 related in any way? If not, then it is not a controlled group. Common ownership must be at least 80%. Assuming the owners are not related, the common ownership in this situation is 60%. You also need to determine if this is an affiliated service group. Does either company perform services for the other?
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