The term "pass-through entity" as used in this chapter includes a partnership, as defined in section 63-3006B , Idaho Code, a limited liability company taxed as a partnership under section 63-3006A , Idaho Code, an S corporation required to file a return under section 63-3030 (4), Idaho Code, or a trust or estate required to file a return under section 63-3030 , Idaho Code. An "owner of an interest in a pass-through entity" includes the shareholders of a corporation, the members of a limited liability company and partners of a partnership.

[63-3006C, added 2010, ch. 37, sec. 1, p. 67.]