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Affiliated Corporation
(redirected from Affiliated Corporations)

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Affiliated corporation
A corporation that is an affiliate to the parent company.

Affiliated Corporation
A corporation of which another company owns a significant percentage, but not a majority, of its shares. This gives the company a great deal of influence, but not outright control, of the affiliated corporation. See also: Subsidiary, Parent company.


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Carolina Academic Press (Durham, NC) has released "A Complete Guide to Corporate Taxation," a book that discusses the rules of Subchapter C and the concpets of affiliated corporations and consolidated returns.
Burns manages the financial relationships with University affiliated corporations and foundations.
However, a majority of the shareholders of both groups had to approve any merger, purchase or sale of 5% of Alumax's corporate assets and any liquidation, hiring or firing of the CEO or loans to affiliated corporations.
 
 
 
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