### Question
What does controlled group of corporations mean?


### Answer
**Controlled group of corporations** has the following meaning in *26 U.S.C. § 5061*:

> given to such term by subsection (a) of section 1563, except that "more than 50 percent" shall be substituted for "at least 80 percent" each place it appears in such subsection.

#### Citation:
  - *26 U.S.C. § 5061*
  - Heading: **Subtitle E-Alcohol, Tobacco, and Certain Other Excise Taxes > CHAPTER 51-DISTILLED SPIRITS, WINES, AND BEER > Subchapter A-Gallonage and Occupational Taxes > PART I-GALLONAGE TAXES > Subpart E-General Provisions**

