Flow-Through Entity definition
Flow-Through Entity means an entity that is treated as a partnership not taxable as a corporation, a grantor trust or a disregarded entity for U.S. federal income tax purposes or subject to treatment on a comparable basis for purposes of state, local or foreign tax law.
Flow-Through Entity has the meaning set forth in Section 3.4(c).
Flow-Through Entity means an entity treated for U.S. federal income tax purposes as a partnership, subchapter S corporation or grantor trust (or a disregarded entity the single owner of which is any of the foregoing), in each case as defined in the Code.
Examples of Flow-Through Entity in a sentence
If using a Flow-Through Entity to acquire a Certificate, the Certificateholder or Certificate Owner shall be deemed to have represented that it is not using the Flow-Through Entity in order to avoid the 100-holder limitation set out above.
More Definitions of Flow-Through Entity
Flow-Through Entity shall have the meaning provided in Section 5.7.
Flow-Through Entity has the meaning set forth in Section 3.3(D)(3) hereof.
Flow-Through Entity means an entity that is treated as a partnership not taxable as a corporation, a grantor trust or a disregarded entity for United States federal income tax purposes or subject to treatment on a comparable basis for purposes of state, local or foreign tax law.
Flow-Through Entity means an entity classified as a partnership, a grantor trust or an S corporation for federal income tax purposes.
Flow-Through Entity any Person that is not treated as a separate tax paying entity for United States federal income tax purposes.
Flow-Through Entity means an entity to the extent it is fiscally transparent with respect to its income, expenditure, profit or loss in the jurisdiction where it was created unless it is tax resident and subject to a covered tax on its income or profit in another jurisdiction.
Flow-Through Entity means an entity that for the applicable tax year is treated as a subchapter S corporation under section 1362(a) of the internal revenue code, a general partnership, a trust, a limited partnership, a limited liability partnership, or a limited liability company, that for the tax year is not taxed as a corporation for federal income tax purposes. Flow-through entity does not include any entity disregarded under section 699.