§5199-B. Election of pass-through entity tax
A pass-through entity that elects to be subject to the tax imposed by this subchapter shall declare that election annually on a timely filed return, including any extension granted for filing the return. The election is irrevocable after the due date, including any extension granted, for filing the return.
[PL 2025, c. 650, Pt. N, §3 (NEW); PL 2025, c. 650, Pt. N, §8 (AFF).]
SECTION HISTORY
PL 2025, c. 650, Pt. N, §3 (NEW). PL 2025, c. 650, Pt. N, §8 (AFF).