### Question
How does the law define subsidiary?


### Answer
Under *26 U.S.C. § 1503*, **subsidiary** is defined as:

> any corporation which is a member of an affiliated group filing a consolidated return other than the common parent

#### Citation:
  - *26 U.S.C. § 1503*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 6-CONSOLIDATED RETURNS > Subchapter A-Returns and Payment of Tax**

