### Question
How does the law define related person?


### Answer
Under *26 U.S.C. § 167*, **related person** is defined as:

> any person bearing a relationship to the taxpayer described in subsection (b) or (e) of section 267

#### Citation:
  - *26 U.S.C. § 167*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter B-Computation of Taxable Income > PART VI-ITEMIZED DEDUCTIONS FOR INDIVIDUALS AND CORPORATIONS**

