17-76,138.   Taxation of limited liabilitycompanies.For purposes of any tax imposed by the state of Kansas orany instrumentality,agency or political subdivision of the state of Kansas, a limited liabilitycompany formed under thisact or qualified to do business in the state of Kansas as a foreign limitedliability company shall beclassified as a partnership unless classified otherwise for federal income taxpurposes, in which casethe limited liability company shall be classified in the same manner as it isclassified for federalincome tax purposes. For purposes of any tax imposed by the state of Kansas orany instrumentality,agency or political subdivision of the state of Kansas, a member or an assigneeof a member of alimited liability company formed under this act or qualified to do business inthe state of Kansas asa foreign limited liability company shall be treated as either a resident ornonresident partner unlessclassified otherwise for federal income tax purposes, in which case the memberor assignee of amember shall have the same status as such member or assignee of a member hasfor federal incometax purposes.

      History:   L. 1999, ch. 119, § 77; Jan. 1, 2000.