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.

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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 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.

Examples of Passthrough entity in a sentence

OBO shall provide the Subrecipient and the Passthrough entity with written notice of required remedy(ies), setting forth the reason(s) for remedy(ies).
Further, SUBRECIPIENT, who makes a Subaward, must follow and carry out all the responsibilities of a Pass-through entity described at 2 C.F.R. Part 200.
Pass-through Entity -- Title 2 CFR §200.74 Pass-through entity means a non-Federal entity that provides a subaward to a subrecipient to carry out part of a Federal program.
Pass-Through Entity - Pass-through entity means a non-Federal entity that provides a subaward to a subrecipient to carry out part of a Federal program.
Name of federal awarding agency: Federal Highway Administration (FHWA) and Federal Transit Administration (FTA) Pass-through entity: South Dakota Department of Transportation, Contact information for awarding official of the pass-through entity: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇ 11.

More Definitions of Passthrough entity

Passthrough entity means any partnership or “S” corporation.

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 general partnership, limited partnership, limited liability

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.

Passthrough entity means a partnership, S corporation, or a limited liability company treated like a partnership or S corporation.

Passthrough entity means a partnership not treated as an association taxable as a C corporation for federal income tax purposes, a limited liability company not treated as an association taxable as a C corporation for federal income tax purposes, an S corporation, or any other class of entity from which the income or profits of the entity are given passthrough treatment for federal income tax purposes. "Pass through entity" does not include a trust, estate, grantor of a grantor trust, or disregarded entity.

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