How does that amortization of tax-deductible goodwill affect the computation of a parent company's income taxes?
A) it is a deductible expense only if the parent owns at least 80% of subsidiary's voting stock
B) it is deductible only as impairments are recognized
C) it is a deductible item over a 15-year period
D) it is deductible only if a consolidated tax return is filed.
Answer: C) it is a deductible item over a 15-year period
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Which of the following is a core value associated with total quality management?
A) Lack of involvement of vendors, suppliers, and customers B) Managers measure progress with feedback based on data C) A shift in focus from internal to external customers D) Cost is no longer a point of focus E) Stress on minimal training
Lark Inc, an American electronics company, is currently reviewing new geographical markets to sell its highly popular televisions. By 2020, it plans to open new stores across all the major South Asian cities
Lark is most likely following a ________ strategy. A) local marketing B) market development C) diversification D) product adaptation E) product development