Disregarded entity.

(A) Disregarded entity. A disregarded entity is a business entity (as defined in 301.77012(a) of this chapter) that is disregarded as an entity separate from its owner for Federal income tax purposes. Examples of disregarded entities include a domestic single member limited liability company that does not elect to be classified as a corporation for Federal income tax purposes, a corporation (as defined in 301.77012(b) of this chapter) that is a qualified REIT subsidiary (within the meaning of section 856(i)(2)), and a corporation that is a qualified subchapter S subsidiary (within the meaning of section 1361(b)(3)(B)).

Source

26 CFR § 1.368-2


Scoping language

None
Is this correct? or