selling consolidated group
Defined in 1 place of the United States Code.
For purposes of subparagraph (A), the term “selling consolidated group” means any group of corporations which (for the taxable period which includes the transaction)—
(i) includes the target corporation, and
(ii) files a consolidated return.
Source
- 2013–201826 U.S.C. § 338Internal Revenue Code · Certain stock purchases treated as asset acquisitions · under this section
For purposes of subparagraph (A), the term "selling consolidated group" means any group of corporations which (for the taxable period which includes the transaction)—
(i) includes the target corporation, and
(ii) files a consolidated return.
To the extent provided in regulations, such term also includes any affiliated group of corporations which includes the target corporation (whether or not such group files a consolidated return).
Source
- 1994–present26 U.S.C. § 338Internal Revenue Code · Certain stock purchases treated as asset acquisitions · under this section