Component Members of Controlled Group document
Component Members of Controlled Group
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Overview
A corporation is a component member of a controlled group if it is a member of that group on the group's testing date, which is generally December 31. However, if the corporation has a short tax year, the testing date is the last day of that short tax year. Even if a corporation is not a group member on the group's testing date, it is treated as a component member if it is an additional member. Excluded members or franchised corporations are not considered component members. If a corporation could be found to be a member of more than one group, priority rules apply.
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