What if entities filed separate reports and later determine they should have filed a combined report?
The entity that filed incorrectly should submit a letter with their name and taxpayer number stating that the report was filed in error and the entity will report with a combined group. The letter must also include the name and taxpayer number of the combined group’s reporting entity along with a request for a refund or authorization to transfer any tax payment from the member’s account to the reporting entity’s account.
The entity that filed incorrectly should submit a letter with its name and taxpayer number stating that the report was filed in error and the entity will report with a combined group. The letter must also include the name and taxpayer number of the combined group’s reporting entity along with a request for a refund or authorization to transfer any tax payment from the member’s account to the reporting entity’s account.
Related Questions
- Do the Commissions independence rules apply to auditors whose reports are filed with the Commission on financial statements of entities other than those of the issuer?
- When filing a combined report, should the reporting entity include entities in which there is part ownership, but not more than 50%?
- What if entities filed separate reports and later determine they should have filed a combined report?
