Partnership owns an LLC. Partnership is the sole member. Does the LLC need to apply for an EI number?
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I am not a Lawyer!
Single member LLC does not require an EIN, unless it is paying payroll or being taxed as an S-Corp. The single member LLC "disregarded entity" will file a Schedule C.
However, I am not sure if a Partnership can own a single member LLC. A single member LLC is a "disregarded entity" unless being taxed as an S-Corp.
I think your partnership owns a multi-member LLC (Partnership).
I am not a Lawyer!
EDIT: Accountant-Man is correct.
When an entity owns a SMLLC, the income and expenses are not reported separately; they are combined in the owner entity's income and expenses.
Sort of like a division(LLC) of the parent company(1065).
So I say no EIN for the LLC unless it has payroll.
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