specified affiliate
Defined in 1 place of the United States Code.
For purposes of this section, the term “specified affiliate” means, with respect to any corporation—
(i) any corporation more than 50 percent of the stock of which is owned (by vote or by value), directly or indirectly, by such corporation, and
(ii) any partnership more than 50 percent of the capital interests or profits interests of which is held, directly or indirectly, by such corporation.
Source
- 2022–present26 U.S.C. § 4501Internal Revenue Code · 4501 to 4503. Repealed. Pub. L. 101508, title XI, 11801(a)(48), Nov. 5, 1990, 104 Stat. 1388522] · for purposes of this section