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Re: jog49 post# 745786

Tuesday, 01/24/2023 6:49:23 PM

Tuesday, January 24, 2023 6:49:23 PM

Post# of 798105
My interpretation of the same rule is as follows:
Corporation A owns 50% of Corporation B, it incorporates 50% of B’s liabilities into its own balance sheet.
If it owns 79.9% of B, it incorporates 79.9% of their liabilities.
At 80%, A is required to incorporate 100% of B’s liabilities.