### Question
How is the term subsidiary defined?


### Answer
The term **subsidiary** is defined in *26 U.S.C. § 1503* as the following:

> 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**

