affiliated group

(1) An affiliated group has the meaning set forth in section 1504(a) but without regard to section 1504(b)(3), except that section 1504(a) is applied by substituting more than 50 percent for at least 80 percent each place it appears. A member of the affiliated group is an entity included in the affiliated group.


26 CFR § 1.7874-12

Scoping language

Is this correct? or