1. For the purposes of this Chapter, the following definitions apply:

(1) "ultimate parent undertaking" means an undertaking which draws up the consolidated financial statements of the largest body of undertakings;

(2) "consolidated financial statements" means the financial statements prepared by a parent undertaking of a group, in which the assets, liabilities, equity, income and expenses are presented as those of a single economic entity;

(3) "tax jurisdiction" means a State or non-State jurisdiction which has fiscal autonomy in respect of corporate income tax;

(4) "standalone undertaking" means an undertaking which is not part of a group as defined in Article 2, point (11).

2. For the purposes of Article 48b of this Directive, "revenue" has the same meaning as: