Treasury is reviewing the recently enacted tax law changes, including the new Marijuana Wholesale Tax. Developing clear and accurate information for tax stakeholders is our top priority. This guidance will be posted to our website in the coming weeks.
Unitary Business Groups 13. Are foreign entities includable in a unitary business group?
No. Unitary business groups are limited to U.S. persons other than foreign operating entities. However, a foreign disregarded subsidiary of a U.S. person may be included in a unitary business group as a branch or division of its owner.