group credit item
(2) Group items For purposes of this subsection— (A) Group loss item The term “group loss item” means any of the following items of any other member of the affiliated group which includes the subsidiary: (i) Any net operating loss and any net operating loss carryover or carryback under section 172. (ii) Any loss from the sale or exchange of any capital asset and any capital loss carryover or carryback under section 1212. (B) Group credit item The term “group credit item” means any credit allowable under part IV of subchapter A of chapter 1 (other than section 34) to any other member of the affiliated group which includes the subsidiary and any carryover or carryback of any such credit.