- This topic has 1 reply, 2 voices, and was last updated 3 years ago by
Tax Tutor.
Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
hyao77
- Topics: 1
- Replies: 0
- ☆
Hello,
I have a question, Company A owns 79% of Company B, B is a pass-through entity, If A is a Corporation, how does the 21% non controlling interest affect the income tax?Assume B ‘s profit in 2017 was $100, A’s profit was $100, so the consolidated profit would be $200, and $21 was non-controlling interest, when filing tax return, the taxable income should be $200 or $179? And what if Co A is S corporation? Is the tax treatment different?
Thanks,
Hui
Tax Tutor
- Topics: 2
- Replies: 3965
- ☆☆☆☆☆
Not sure what Tax Paper this is from – but this is not UK taxation so sadly I am not able to assist you
Tax Tutor
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.