### Question
How is the "affiliated group" defined?


### Answer
The term **affiliated group** is defined in *26 U.S.C. § 312* as follows -

> assigned to such term by section 1504(a); 

#### Citation:
  - *26 U.S.C. § 312*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter C-Corporate Distributions and Adjustments > PART I-DISTRIBUTIONS BY CORPORATIONS > Subpart B-Effects on Corporation**

