disregarded entity

disregarded entity
disregarded entity UK US noun [C] US TAX
a company that is not considered to be separate from its owner for tax purposes: »

The IRS will treat a single-member LLC as a disregarded entity, so taxes are paid on the owner's personal tax return.

Financial and business terms. 2012.

Игры ⚽ Поможем написать реферат

Look at other dictionaries:

  • Entity classification election — For United States income tax purposes, a business entity may elect to be treated either as a corporation or as other than a corporation.[1] This entity classification election is made by filing Internal Revenue Service Form 8832. Absent filing… …   Wikipedia

  • Types of business entity — Companies law Company  …   Wikipedia

  • Corporate tax — Taxation An aspect of fiscal policy …   Wikipedia

  • Series LLC — A Series LLC is a special form of a Limited liability company that provides liability protection across multiple series each of which is theoretically protected from liabilities arising from the other series.Many form an LLC in order to protect… …   Wikipedia

  • Limited liability company — This article is about a U.S. specific business entity form. For limited liability companies in the United Kingdom, see Limited company. For a general discussion of entities with limited liability, see Corporation …   Wikipedia

  • Corporate tax in the United States — Part of a series on Taxation Taxation in the United States …   Wikipedia

  • IRS Form 8832 — USA The form that an eligible entity uses to elect its classification (as a disregarded entity, partnership, or corporation) for US federal income tax purposes. Practical Law Dictionary. Glossary of UK, US and international legal terms.… …   Law dictionary

  • Unlimited liability corporation — Unlimited Liability Corporations exist in two of Canada s 10 provinces Alberta (AULCs for Alberta Unlimited Liability Corporation) and Nova Scotia (NSULCs for Nova Scotia Unlimited Liability Company). Alberta Unlimited Liability Corporations… …   Wikipedia

  • KABBALAH — This entry is arranged according to the following outline: introduction general notes terms used for kabbalah the historical development of the kabbalah the early beginnings of mysticism and esotericism apocalyptic esotericism and merkabah… …   Encyclopedia of Judaism

  • Congress Poland — Kingdom of Poland Królestwo Polskie (pl) Царство Польское (ru) Tsarstvo Polskoye Real union with the Russian Empire, incorporated in 1832 and integrated in 1867 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”