Section 316-24-160 - PASS-THROUGH ENTITY160.01 Pass-through entity means a business entity that distributes its income, loss, deductions, or credits to its owners. Pass-through entities include, but are not limited to: partnerships; S corporations; LLCs that are taxed as S corporations or partnerships; and joint ventures.160.02 Owners of a pass-through entity include partners, shareholders, members, beneficiaries, or investors.316 Neb. Admin. Code, ch. 24, § 160
Adopted effective 7/5/2020