SECTION 4. DEFINITIONS.

The following definitions apply for purposes of this revenue procedure.

.01 Business entity has the meaning specified in § 301.7701–2(a) of the Treasury Regulations.

.02 Corporate restructuring means incorporation under the laws of a state, reincorporation of a corporation incorporated under the laws of one state under the laws of a different state, filing articles of domestication for a corporation incorporated under the laws of one state under the laws of a different state, or a statutory merger of one corporation with and into another corporation.

.03 Disregarded Entity is an entity that is disregarded as an entity separate from its owner described in § 301.7701–2(c) (2)(i) of the Treasury Regulations.

.04 Domestic business entity is a business entity that is domestic under § 301.7701–5(a) of the Treasury Regulations.

.05 Domestic trust is a trust that is domestic under § 301.7701–7(a)(1) of the Treasury Regulations.

.06 Eligible entity has the meaning specified in § 301.7701–3(a) of the Treasury Regulations.

.07 Employer identification number has the meaning specified in § 301.7701–12 of the Treasury Regulations.

.08 Exemption Application means Form 1023, Form 1023–EZ, Form 1024, Form 1024–A, or letter application, as applicable.

.09 Foreign business entity is a business entity that is foreign under § 301.7701–5(a) of the Treasury Regulations.

.10 Limited liability company means an entity formed under a state limited liability company act.

.11 Restructuring organization means any organization exempt under section 501(a) as an organization described in

section 501(c) that enters into a corporate restructuring.

.12 Surviving organization means a surviving or resulting entity of a corporate restructuring.