### Question
What does controlled group mean?


### Answer
**Controlled group** has the following meaning in *26 U.S.C. § 501*:

> given such term by section 831(b)(2)(B)(ii),[1](#501_1_target) except that in applying section 831(b)(2)(B)(ii) [1](#501_1_target) for purposes of this subparagraph, subparagraphs (B) and (C) of section 1563(b)(2) shall be disregarded.

#### Citation:
  - *26 U.S.C. § 501*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter F-Exempt Organizations > PART I-GENERAL RULE**

