Subsidiary Design Exercise: SUB B sells Insurance. SUB C makes Widgets. SUB B owns SUB C. SUB B pays all payroll, and invoices SUB C for their share… Some Employees Float between orgs. What is the material difference between the following structures?

PARENT SUB 0

SUB A

SUB B

-SUB C
-ELIM 1

SUB D

ELIM 0

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PARENT SUB 0

SUB A

HOLDING SUB 1

- SUB B

- SUB C

- ELIM 1

SUB D

ELIM 0

Which is better for reporting and day-to-day-administration? (reply in thread)