SECTION 3. SCOPE

This revenue procedure provides a simplified method to request relief for certain late initial classification elections. An initial classification election is an election by an eligible entity newly formed under local law to be classified effective on the date of its formation as other than the default classification provided under §§ 301.7701–3(b)(1) and (2). This procedure is in lieu of the private letter ruling procedure that is used to obtain relief for a late entity classification election under § 301.9100–1 through § 301.9100–3. Accordingly, user fees do not apply to corrective action under this revenue procedure. An entity that is not eligible for relief under this revenue procedure, or is denied relief by the service center, may request relief by applying for a private letter ruling. The procedural

requirements for requesting a private letter ruling are described in Rev. Proc. 2002–1 (2002–1 I.R.B. 1) (or its successor). This revenue procedure does not apply to a subsequent election to change the classification of an entity.