Charper1841
Level 2
10-26-2022
07:30 PM
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I have a C-corp with a fiscal year ending 10/31 that is going to be doing a spin off to separate a portion of his business. My question is this....can the new entity have a different year end than the parent company? He would like to put the new entity on a calendar year end. I have done tons of research but cannot find an answer to that question. Any help is appreciated! Thanks!