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Controlled and affiliated service group form: Wisconsin For use when there are multiple companies owned or when a parent subsidiary relationship exists Section 1304 (b) (2) of the Patient Protection
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Controlled and affiliated service refers to services provided between related parties, where one party has control or influence over the other.
Companies that engage in transactions with related parties are required to file controlled and affiliated service.
Controlled and affiliated service forms are typically filled out by providing detailed information on the nature of the services, the parties involved, and the value of the services.
The purpose of controlled and affiliated service is to ensure transparency and fairness in transactions between related parties.
Information such as the parties involved, nature of the services, value of the services, and any potential conflicts of interest must be reported on controlled and affiliated service.
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