Legal Question in Business Law in New York

Though under certain limited circumstances LLCs can be treated as a tax exempt entity, in your case the answer is likely no, unless the entirety of the membership interest in the LLC is transferred to a separate tax exempt entity, as owner of the LLC, that is then able to comply with the relevant IRS guidelines for LLCs as tax exempt entities. This scheme, in it of itself, would contradict the premise of your question.

For help with forming the 501c7 entity please contact me directly

Roman R. Fichman, Esq.

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