Unless a “check the box” election is made on Form 8832, a Limited Liability Company (LLC) formed in the United States with a single member is disregarded as a separate entity for US Income Tax purposes.

SWFT Corp Partner Estates Trusts
42nd Edition
ISBN:9780357161548
Author:Raabe
Publisher:Raabe
Chapter9: Taxation Of International Transactions
Section: Chapter Questions
Problem 2DQ
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Unless a “check the box” election is made on Form 8832, a Limited Liability Company (LLC) formed in the United States with a single member is disregarded as a separate entity for US Income Tax purposes. (TRUE or FALSE)

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