A comprehensive tax return that encompasses a group of smaller entities. Consolidated tax returns are often filed by business conglomerates on behalf of all subsidiary firms. They are filed both for simplicity and to allow the parent organization to receive tax benefits that may otherwise be forfeited. However, conglomerates do not need to file this type of return if they choose not to do so.
So this can mean 1 of two things, the parent company DOLV and the EV company financials. Or there are multiple business entities coming into the holding group, which would mean major boomage.
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