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pass-through entity
[ pas-throo en-ti-tee ]
noun
- a business for which revenue is taxed as the personal income of the owner or owners rather than through corporate tax. : PTE
Word History and Origins
Origin of pass-through entity1
Example Sentences
Southern Coal and Justice guaranteed the payment and performance obligations of Bluestone, a pass-through entity with no assets.
Southern Coal and Justice guaranteed the payment and performance obligations of Bluestone, a pass-through entity with no assets.
Southern Coal and Justice guaranteed the payment and performance obligations of Bluestone, a pass-through entity with no assets.
Even better for businesses and other filers who pay estimated or interim taxes, quarterly payroll taxes and excise taxes, or pass-through entity elective taxes — all such payments due before October have been postponed as well.
To that end, Oberndorf's primary pass-through entity is Neighbors for a Better San Francisco, a super PAC responsible for putting up roughly two-thirds of the money dedicated to ousting Boudin.
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