### Question
How does the law define affiliated group?


### Answer
Under *26 U.S.C. § 543*, **affiliated group** is defined as:

> given such term by section 1504(a).

#### Citation:
  - *26 U.S.C. § 543*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter G-Corporations Used to Avoid Income Tax on Shareholders > PART II-PERSONAL HOLDING COMPANIES**

