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What types of business structures are considered a controlled group?

April 26, 2017Business controlled group structures types

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What types of business structures are considered a controlled group?

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All members of a controlled group are considered as a single taxpayer for purposes of the tax credit. A “controlled group” is any group of corporations or non-incorporated businesses that have common ownership interests. Generally, a business is considered to be part of a controlled group if more than 50 percent of the business is either owned by, or in common with, another business. Rules similar to the controlled group rules under 26 U.S.C. § 5061(e)(3) apply.