### Question
Can you define what affiliated group means?


### Answer
**Affiliated group** is defined as the following in *26 U.S.C. § 338*:

> given to such term by section 1504(a) (determined without regard to the exceptions contained in section 1504(b)).

#### Citation:
  - *26 U.S.C. § 338*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter C-Corporate Distributions and Adjustments > PART II-CORPORATE LIQUIDATIONS > Subpart B-Effects on Corporation**

