Flow Through Entities definition
Examples of Flow Through Entities in a sentence
Borrower and Parent are Flow Through Entities not subject to income taxes at the entity level.
Flow- Through Entities If your institution is organized outside the U.S., and is classified for U.S. federal income tax purposes as either a Partnership, Trust, Qualified or Non- Qualified Intermediary, or other non- U.S. flow- through entity, an original Form W- 8IMY (Certificate of Foreign Intermediary, Foreign Flow- Through Entity, or Certain U.S. branches for United States Tax Withholding) must be completed by the intermediary together with a withholding statement.
The number of individuals and entities (other than Flow-Through Entities (as such term is defined below)) that are beneficial owners of a direct interest in the Issuer, plus the number of individuals and entities (other than Flow-Through Entities) that are beneficial owners of an indirect ownership in the Issuer through one or more Flow Through Entities, other than the Seller or the Company or any successor thereto, will never exceed ten.
Unless and until the Seller elects to be treated as a corporation for federal income tax purposes, the number of individuals and entities (other than Flow-Through Entities (as such term is defined below)) that are beneficial owners of a direct interest in the Seller, plus the number of individuals and entities (other than Flow-Through Entities) that are beneficial owners of an indirect ownership in the Seller through one or more Flow Through Entities will never exceed seventy-five.