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LB&I Concept Unit Knowledge Base - International

LB&I Concept Unit Knowledge Base - International Document Control Number (DCN) ORE/C/19_02-01 Date of Last Update 9/24/2017 Note: This document is not an official pronouncement of law, and cannot be used, cited or relied upon as such. Further, this document may not contain a comprehensive discussion of all pertinent issues or law or the IRS's interpretation of current law. Unit Name Overview of Entity Classification Regulations (a/k/a Check-the-Box) Primary UIL Code Evaluation of Corporate transactions Library Level Number Title Shelf Cross-Over Book 19 Organization / Restructuring Chapter Evaluation of corporate transactions Section N/A N/A Sub-Section N/A N/A DRAFT 2 Table of Contents (View this PowerPoint in Presentation View to click on the links bel)

have limited liability, (b) a corporation if all members have limited liability, or (c) a DRE if a single owner without limited liability (Treas. Reg. 301. 7701-3(b)(2)) To elect an alternative classification, there are two factors needed under the CTB Regulations (Treas. Reg. 301- 7701-1 …

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