### Question
What does related person mean?


### Answer
**Related person** has the following meaning in *26 U.S.C. § 467*:

> given to such term by section 465(b)(3)(C).

#### Citation:
  - *26 U.S.C. § 467*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter E-Accounting Periods and Methods of Accounting > PART II-METHODS OF ACCOUNTING > Subpart C-Taxable Year for Which Deductions Taken**

