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Enron Mail |
----- Forwarded by Sue Nord/NA/Enron on 01/05/2001 12:20 PM -----
"Daniel Clearfield" <dclearfield@wolfblock.com< 01/05/2001 10:32 AM To: <Sue_Nord@enron.com< cc: Subject: Fwd: Re: Set Up LLC for CLEC Activity Here's the answer to your question of earlier in the week. Best regards. Daniel Clearfield, Esq. Wolf, Block, Schorr and Solis-Cohen LLP 212 Locust St., Suite 200 Harrisburg, PA 17101 (717) 237-7173 (717) 237-7161 fax ----- Message from on ----- In response to the question by Enron, the state PUC will accept partnership tax return information for a LLC. The state PUC follows whatever the Department of Revenue requires to be utilized. Accordingly, where an LLC is treated for federal income tax purposes as a partnership are tax classified as a partnership for Pennsylvania purposes under the normal Personal Income Tax provisions but are still treated as a corporation for Capital Stock/Franchise Tax purposes. The LLC partnership would therefore be able to file a PA-65 form which is based on the Federal 1065 partnership return with the Department of Revenue and the PUC. DAN
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