group of financially related corporations

(2) Group of financially related corporations For purposes of paragraph (1), the term “group of financially related corporations” means— (A) any affiliated group as defined in section 1504 determined by substituting “50 percent” for “80 percent” each place it appears in section 1504(a) and without regard to section 1504(b), and (B) any other group of corporations which consolidate or combine for purposes of financial statements.

Source

26 USC § 472(g)(2)

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Scoping language

None identified, default scope is assumed to be the parent (subpart D) of this section.

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