Maine § 5180. - Taxation of limited liability companies
Full text of Maine Maine Revised Statutes § 5180. — Taxation of limited liability companies, with citation guidance and answers to common questions.
§ 5180.. Taxation of limited liability companies
1. Classified as partnership. For purposes of taxation pursuant to this Part, a limited liability company formed under Title 31, former chapter 13 or chapter 21 or qualified to do business in this State as a foreign limited liability company is classified as a partnership, unless classified otherwise for federal income tax purposes, in which case the limited liability company is classified in the same manner as it is classified for federal income tax purposes.
2. Taxation.
Source: official Maine text · Last verified 2026-08-27
Frequently Asked Questions About Maine § 5180.
What does Maine Revised Statutes § 5180. cover?
Section 5180. ("Taxation of limited liability companies") is part of the Maine Revised Statutes, the codified statutory law of Maine. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maine § 5180.?
A common citation format is "Maine Revised Statutes § 5180." (Maine). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maine law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maine official source linked on this page or consult a licensed Maine attorney.
How does Maine § 5180. apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maine can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maine.