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Get Census QFR-300(S) 2012

) that are taxable under the U.S. Internal Revenue Code. Consolidated subsidiaries should include 1120S corporations. EXCEPTION: Do not fully consolidate domestic subsidiaries that are primarily engaged in foreign operations, banking, finance, or insurance (as defined in the North American Industry Classification System (NAICS) Sector 52, United States, 2007). Do not fully consolidate foreign subsidiaries or foreign operations. Nonconsolidated subsidiaries must be reported using the equity metho.

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