Guest Iwonder Posted October 17, 2007 Posted October 17, 2007 Co. A is 100% owned by Able Co. B is 100% owned by Baker Co. C is 50% owned by Able and 50% owned by Baker. Is it true that A&C are in the same controlled group and B&C are in the same controlled group, but that A and B are not in the same controlled group? If Co.s A and B should merge into C, retroactive to mid-year 2007, what effect would this have on testing?
Mike Preston Posted October 18, 2007 Posted October 18, 2007 No, it is not true. How can you merge retroactively?
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