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OMB No 15450052Return of Private Foundation990 Former Section 4947(a)(1) Nonexempt Charitable Trust Treated as a Private FoundationDepartment of the Treasury20Note. The foundation may be able to use
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The co rainin group is a specific designation used for a group of entities that are classified together for regulatory or tax purposes, often related to consolidated filing of financial statements or tax returns.
Typically, entities that are part of a controlled group of corporations or businesses that meet certain criteria are required to file as a co rainin group.
To fill out a co rainin group filing, entities must provide detailed information about each member of the group, including financial data, ownership percentages, and any relevant election statements where applicable.
The purpose of the co rainin group filing is to ensure accurate reporting of consolidated financial information and to calculate tax liabilities effectively for the entire group.
Information that must be reported includes the names and tax identification numbers of each entity in the group, financial statements, and the allocation of income, deductions, and credits among group members.
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