electing large partnership
Defined in 2 places of the United States Code.
The term “electing large partnership” has the meaning given to such term by section 775.
Source
- 1997–present26 U.S.C. § 6255Internal Revenue Code · Definitions and special rules · for purposes of this subchapter
The term “electing large partnership” means, with respect to any partnership taxable year, any partnership if—
(A) the number of persons who were partners in such partnership in the preceding partnership taxable year equaled or exceeded 100, and
(B) such partnership elects the application of this part.
Source
- 201326 U.S.C. § 775Internal Revenue Code · Electing large partnership defined · for purposes of this part
The term "electing large partnership" means, with respect to any partnership taxable year, any partnership if—
(A) the number of persons who were partners in such partnership in the preceding partnership taxable year equaled or exceeded 100, and
(B) such partnership elects the application of this part.
To the extent provided in regulations, a partnership shall cease to be treated as an electing large partnership for any partnership taxable year if in such taxable year fewer than 100 persons were partners in such partnership.
Source
- 1997–present26 U.S.C. § 775Internal Revenue Code · Electing large partnership defined · for purposes of this part