IRS PLR: Extension Granted to Make Tax-Exempt Entity Election (IRC §168)

Sept. 12, 2025, 4:16 PM UTC

The IRS has published a private letter ruling on Section 168(h)(6)(F)(ii), granting the taxpayer’s request for an extension of time to make the election not to be treated as a tax-exempt controlled entity. [PLR 202537002]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.

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