consolidated return

By SovConn | May 21, 2015

A return that reflects combined financial information for a group of affiliated corporations. [Cases: Internal Revenue 3865–3880; Taxation 1080. C.J.S. Internal Revenue §§ 17–18, 638; Taxation § 1699.] false return.See FALSE RETURN(2). [Blacks Law 8th]

Posted in Law Dictionary Definitions