Tax Classification of LLC. The members of this LLC intend that this LLC be initially classified as a
Appears in 5 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Tax Classification of LLC. The members of this LLC intend that this LLC be initially classified as aa ____________________________ for federal and, if applicable, state income tax purposes. It is understood that all members may agree to change the tax treatment of this LLC by signing, or authorizing the signature of, IRS Form 8832, Entity Classification Election, and filing it with the IRS and, if applicable, the state tax department within the prescribed time limits.
Appears in 3 contracts
Samples: Operating Agreement, Operating Agreement, Operating Agreement
Tax Classification of LLC. The members initial sole member of this LLC intend intends that this LLC be initially classified as aa corporation for federal and, if applicable, state income tax purposes. It is understood that all members may agree to change the tax treatment of this LLC by signing, or authorizing the signature of, IRS Form 8832, Entity Classification Election, and filing it with the IRS and, if applicable, the state tax department within the prescribed time limits.
Appears in 1 contract
Samples: Operating Agreement (S&W Seed Co)
