affiliated corporations
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 284 U.S. 136 - Handy & Harman v. Burnet · 1931Most cited · 161 citing opinions
The purpose of section 240 was, by means of consolidated returns, to require taxes to be levied according to the true net income and invested capital resulting from and employed in a single business enterprise even though it was conducted by means of more than one corporation.
How often courts cite the case defining “affiliated corporations”
Court decisions citing the opinion that defined “affiliated corporations” — 161 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.