The partnership structure for an LLC is the default filing status under federal law. According to the IRS, if a partnership does not specifically file Form 8832, Entity Classification Election, the IRS will tax it as a partnership if it has two or more owners.
The term national committee means âthe organization which, by virtue of the bylaws of a political party, is responsible for the day-to-day operation of such political party at the national level, as determined by the Commission.â (2 USCS Â§ 431).he term national committee means âthe organization which, by virtue of the bylaws of a political party, is responsible for the day-to-day operation of such political party at the national level, as determined by the Commission.â (2 USCS Â§ 431).
Definition of NATIONAL CHAIRMAN. : the chairman of the national committee of the political party who usually acts as the head of the party's permanent organization and has general direction of party strategy especially during election campaigns.ADVERTISEMENT.his word doesn't usually appear in our free dictionary, but the definition from our premium Unabridged Dictionary is offered here on a limited basis. Note that some information is displayed differently in the Unabridged.