Page 170 - Large Business IRS Training Guides
P. 170

Single Entity Treatment –


                                             Intercompany Items










               • Interest expense and interest income from



                    intercompany obligations are not treated as


                    business interest expense or business interest


                    income.



               • For purposes of calculating ATI of the group,


                    intercompany and corresponding items are



                    disregarded to the extent they offset in


                    amount.












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