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


### Answer
Under *26 U.S.C. § 243*, **affiliated group** is defined as:

> given such term by section 1504(a), except that for such purposes sections 1504(b)(2) and 1504(c) shall not apply.

#### Citation:
  - *26 U.S.C. § 243*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VIII-SPECIAL DEDUCTIONS FOR CORPORATIONS**

