. P Co. owns 100% of S Co. P sold goods to S at P's cost of 100 even though the goods were worth 200 (the price at which P sells comparable goods to unrelated parties). In unrelated transactions, S performs services for P without charge. These services cost S and have value of 90. Assume that S has an expiring NOL, while P has no NOL's or credit carryovers. The group does not file a consolidated return. What is the IRS likely to assert and what would be the consequences of the above transactions

Match the terms with the appropriate definition. 1. work done for pay job 2. series of related jobs based on knowledge, training, tasks performed, interests, and experience career 3. buying or selling products and services using the internet mediation 4. wage amount after deductions are withheld net wage 5. a way a person chooses to live his or her life e-commerce 6. the people who are both able and willing to work technology 7. unequal treatment of others based on a bias concerning a person’s characteristics such as race, religion, gender, or age discrimination 8. the act of sharing information lifestyle 9. the use of a third party to make suggestions workforce 10. knowledge and tools used to perform tasks communication