Affiliated company: Difference between revisions
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imported>Doug Williamson (Create page. Source: Practical Law webpage https://uk.practicallaw.thomsonreuters.com/1-382-3221?transitionType=Default&contextData=(sc.Default)&firstPage=true) |
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Revision as of 21:54, 14 October 2020
US company law and tax law.
1.
A company in which another has a substantial minority holding, and exercises a degree of control, short of the full control exercised over a subsidiary company.
2.
A member of a broader group of related companies including minority holdings (as defined above) together with holding companies, subsdiaries, and companies under common control.