Pass-Through Entities – Update to Existing Guidelines
On September 21, 2007, the Department of Taxation published guidelines regarding the treatment of pass-through entities subject to the withholding tax on nonresident owners (Public Document 07-150, also available on the Town Hall). These guidelines state that the guidelines may be updated in the future as necessary.
Since the publication of these guidelines, additional issues have arisen regarding the withholding requirements of these pass-through entities. Accordingly, the Department of Taxation intends to update these guidelines in order to address issues such as the definition of “qualified owners;” further clarification regarding which non-resident owners must join in filing a unified return; the treatment of tiered pass-through entities; and additional withholding exemptions.
This website contains documents and links to websites that are relevant to the drafting of these updated guidelines.
Guideline Development Documents
Workplan (Revised to extend public comment period)
Last Updated 5/6/2013 11:15