Affiliated corporation

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.
References in periodicals archive ?
165(g)(3) provides that the security of an affiliated corporation owned by a domestic corporation is not treated as a capital asset.
Tenders are invited for Proposals from qualified firms of certifiedpublic accountants to review the IRS form 990 for each university controlled affiliated corporation, with a focus on potential conflicts of interest and transactions between the university and university controlled affiliated corporations for the fiscal year ending on or after June 30, 2016, with the option of reviewing each of the twosubsequent fiscal years, upon mutual agreement.
FAWER is an affiliated corporation of FAW, one of China's largest vehicle manufacturers.
Combined reporting is a method used to determine the portion of total income attributable to each affiliated corporation in a unitary group.
Working through its affiliated corporation, Mediaplex, Tong Yang signed a formal offer with tube June 13, signaling the company's intent to make and distribute films as well as exhibit them.
If a subsidiary corporation is not treated as a separate entity from its parent or an affiliated corporation, the parent or affiliate corporation may become liable for the other's debts.
In the Bronx, the Alexander's Third Avenue store was net leased to an affiliated corporation of the Conway Stores for 30 years.
v Banks, found that the promoter and an affiliated corporation, which was managing agent for the joint venture, had breached fiduciary duties owed to the joint venture.
An affiliated corporation has been formed by Surface Combustion, Inc, Maumee, OH, to buy certain technology and assets from Industrial Furnace Designers, Inc (IFD), St.
Indeed, the fact that Treasury Regulations do provide a measure of separate NOL in a different context, for an affiliated corporation as to any year in which it filed a separate return .
The ruling summarizes its favored "benefit test" as "presum[ing] that expenditures deducted by one affiliated corporation are properly considered expenses of that corporation unless an allocation is appropriate due to the fact that the expenditures benefitted another affiliate.
263(a)-4(e)(4)(ii), bonuses, commissions, guaranteed payments to partners, payments to a corporate director, corporate payments to an employee of an affiliated corporation with which a consolidated Federal return is filed and payments to outside contractors for secretarial, clerical or similar administrative support services.

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