Passthrough entity definition

Passthrough entity means a corporation that for the applicable tax year is treated as an S corporation or a general partnership, limited partnership, limited liability partnership, trust, or limited liability company and which for the applicable tax year is not taxed as a corporation under chapter 57-38.
Passthrough entity means a non-federal entity that provides a subaward to a subrecipient to carry out part of a federal program.
Passthrough entity means any partnership or “S” corporation.

Examples of Passthrough entity in a sentence

  • Pass-through entity identifying numbers are presented where available.

  • Pass-through entity means a non-Fed- eral entity that provides a subaward to a subrecipient to carry out part of a Federal program.

  • Pass-through entity (PTE) means a non-Federal entity that provides a subaward to a subrecipient to carry out part of a Federal program.

  • Pass-through entity owners that are indi- viduals are encouraged to disclose the amount of Ala- bama exempt income on the Alabama Form 40 or Alabama Form 40NR, filed by the individual.

  • Pass-through entity identifying numbers were not assigned by the pass-through agencies.


More Definitions of Passthrough entity

Passthrough entity means a corporation that for the applicable tax year is treated as an S corporation under the Internal Revenue Code, a limited liability company that for the applicable tax year is not taxed as a corporation for federal income tax purposes, or a general partnership, limited partnership, limited liability partnership, limited liability limited partnership, trust, grantor trust, or similar entity recognized by the laws of this state that is not taxed for federal income tax purposes at the entity level.
Passthrough entity means a corporation that for the applicable tax year is treated
Passthrough entity means a corporation that for the applicable tax year is treated as an S corporation under the Internal Revenue Code, a limited liability company that for the applicable tax year is not taxed as a corporation for federal income tax purposes, a general partnership, limited partnership, limited liability partnership, limited liability limited partnership, trust, or a similar entity that passes its income, deductions, and credits through to its owners.
Passthrough entity means a partnership, limited liability company, S­ corporation, association, nominee trust, or any other entity, the tax attributes of which are passed through to the Participants in such entity.
Passthrough entity means a partnership, S corporation, or a limited liability company treated like a partnership or S corporation.
Passthrough entity means an entity that for the applicable tax year is treated as an S corporation under this chapter or a general partnership, limited partnership, limited liability partnership, trust, or limited liability company that for the applicable tax year is not taxed as a corporation under this chapter.