US Laws, Codes, Statutes & Cases

                                  TITLE  63
                             REVENUE AND TAXATION
                                  CHAPTER 30
                                  INCOME TAX
    63-3006A.  LIMITED LIABILITY COMPANY -- CLASSIFICATION AND TAXATION.
Notwithstanding the provisions of section 63-3006, Idaho Code, for the
purposes of chapter 30, title 63, Idaho Code, a limited liability company as
defined in subsection (5) or (6) of section 53-601, Idaho Code, shall be
classified as a partnership, corporation, unincorporated association or
otherwise pursuant to the provisions of the internal revenue code. A limited
liability company that is classified as a partnership pursuant to the internal
revenue code shall be treated as a partnership for purposes of chapter 30,
title 63, Idaho Code. A limited liability company that is classified other
than a partnership pursuant to the internal revenue code shall be treated for
purposes of chapter 30, title 63, Idaho Code, in accordance with its
classification.