Tax Classification/Check-The-Box

Description

This AI field captures provisions describing the intended entity classification of a limited partnership or limited liability company for U.S. tax purposes, including the right, if any, of the general partner or manager to make the so-called “check-the-box” election to have the limited partnership or limited liability company be treated as a corporation for U.S. tax purposes. This AI field does not capture any obligations or limitations that may be imposed on partners or members to preserve the partnership/company’s intended classification.