### Question
What does affiliated group mean?


### Answer
**Affiliated group** has the following meaning in *26 U.S.C. § 543*:

> given such term by section 1504(a).

#### Citation:
  - *26 U.S.C. § 543*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter G-Corporations Used to Avoid Income Tax on Shareholders > PART II-PERSONAL HOLDING COMPANIES**

