disregarded entity
noun[C]
TAXUSukusacompanythat is notconsideredto beseparatefromitsownerfortaxpurposes:
TheIRSwilltreata single-member LLC as adisregardedentity, sotaxesarepaidon the owner'spersonaltaxreturn.
Examplesofdisregarded entity
disregarded entity
Adisregardedentityhas one owner that is not recognized for tax purposes as an entity separate from its owner.
From
This example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Social enterprises can be structured as a for-profit or non-profit, and may take the form of a co-operative, mutual organization, adisregardedentity, a social business, or a charity organization.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.