Reg. § 1.414(b)-1 Controlled group of corporations.
(a) Defintion of controlled group of corporations For purposes of this section, the term “controlled group of corporations” has the same meaning as is assigned to the term in section and the regulations thereunder, except that
(1) the term “controlled group of corporations” shall not include an “insurance group” described in section , and
(2) section (relating to stock owned by certain employees' trusts) shall not apply. For purposes of this section, the term “members of a controlled group” means two or more corporations connected through stock ownership described in section (1), (2), or (3), whether or not such corporations are “component members of a controlled group” within the meaning of section . Two or more corporations are members of a controlled group at any time such corporations meet the requirements of section (as modified by this paragraph). For purposes of this section, if a corporation is a member of more than one controlled group of corporations, such corporation shall be treated as a member of each controlled group.
(b) Single plan adopted by two or more members If two or more members of a controlled group of corporations adopt a single plan for a plan year, then the minimum funding standard provided in section , the tax imposed by section , and the applicable limitations provided by section shall be determined as if such members were a single employer. In such a case, the amount of such items and the allocable portion attributable to each member shall be determined in the manner provided in regulations under sections , , and .
(c) Cross reference For rules relating to the application of sections , , , , , and with respect to two or more trades or businesses which are under common control, see section and the regulations thereunder.
[T.D. 8179, 53 FR 6605, Mar. 2, 1988]