Affiliated corporation

Affiliated Corporation
Affiliated Corporation definition :
A corporation that is an affiliate to the parent company.
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AFFILIATED CORPORATION - A corporation that is an affiliate to the parent company.
AFFILIATED PERSON - as defined by OTS regulations, an affiliated person is: (1) a director, officer, or...

Affiliated Corporation (finance term)
Related answers:
What is taxable income for an s corporation? Read answer...

Indirect Loans between Affiliated Corporations
Facts
The taxpayer is a closely-held corporation which operates a tunnel car wash owned 100 percent by Mr. X.

two companies when one company owns substantial interest, but less than a majority of the voting stock of another company, or when two companies are both subsidiaries of a third company. See: Subsidiaries, parent company.
Affiliated corporation ...

Certain operational functions are handled by affiliated corporations, such as Depository Trust Company, National Securities Clearing Corporation (NSCC), and Securities Industry Automation Corporation (SIAC).

See also: Parent company, Acquisitions, Expense, Bills, Chapter 11