Quantech Pensions LLC
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Carpenter Morse Group
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Plan Compliance Analyst (administrator) RPA
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Retirement Plan Relationship Manager Prosperity Advisors, LLC
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Small NY Actuarial TPA Firm
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Manager/Supervisor of Benefits and Payroll Compensation Virginia Farm Bureau
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Defined Contribution Plan Administrator Pension Investors Corp of Orlando Inc
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Pension Rights Center
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Advanced Plan Designs, LLC
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Definiti
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Southern Pension Services
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Howard Simon & Associates
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Southern Pension Services
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Question 25: Three domestic corporations are each 100% owned subsidiaries of a foreign corporation. Do the domestic corporations comprise members of a controlled group under IRC 414(b)? |
Answer: Yes. That is true both for normal income tax purposes and for qualified plan purposes. |
Answers are provided as general guidance on the subjects covered in the question and are not provided as legal advice to the questioner or to readers. Any legal issues should be reviewed by your legal counsel to apply the law to the particular facts of this and similar situations.
The law in this area changes frequently. Answers are believed to be correct as of the posting dates shown. The completeness or accuracy of a particular answer may be affected by changes in the law (statutes, regulations, rulings, court decisions, etc.) that occur after the date on which a particular Q&A is posted.
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