Page 280 - International Taxation IRS Training Guides

Commonly Understood Symbols

 Each type of entity or
person is illustrated by a unique

symbol

 The ultimate parent is the entity
at the top of the

organization chart
• This
entity may or may not be the taxpayer

 Generally, each level
of ownership down from the
ultimate parent is
referred to as a tier

example, an entity owned by the ultimate parent is a 1st
• For
tier
entity

 Vertical
relationships are typically referred to as Parent-
Subsidiary

 Horizontal relationships
are typically referred to as
Brother-Sister

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