Affiliated Group

About Affiliated Group:

for purposes of consolidated tax returns, a group composed of companies whose common parent or other inclusive corporation owns at least 80% of the voting power and value of the stock (except preferred stock) of the includable corporations. Former IRC (check if this IRC provision is current here) § 1504(a).

Affiliated Companies in the U.S. and other OCDE Countries

General term used to describe, in many countries, the relationship between two or more companies linked by a common (sometimes with some shares or stock exchanged) interest, but different -in most cases- from partnerships and alliances.