One corporation.

(i) One corporation. If on a December 31st, a corporation would, without the application of this paragraph (c)(2), be a component member of more than one brother-sister controlled group on such date, the corporation will be treated as a component member of only one such group on such date. Such corporation may elect the group in which it is to be included by including on or with its income tax return for the taxable year that includes such date a statement entitled, STATEMENT TO ELECT CONTROLLED GROUP PURSUANT TO 1.1563-1(c)(2). This statement must include -


26 CFR § 1.1563-1

Scoping language

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