Federal Income Taxation of Corporations Filing Consolidated Returns is the most comprehensive and thorough consolidated return resource available. Detailed textual analysis covers the rules for defining an affiliated group, taking into account items from intercompany transactions, the computation, carryover and limitation with respect to tax attributes (e.g., capital losses, net operating losses, and credits), the investment adjustment system for stock basis as well as earnings and profits, transactional issues for the disposition of group members and for buying and selling subsidiary stock, and much more.