A single-owner entity that is disregarded as a separate entity (i.e., the single-owner entity and its owner are treated as a single entity) for Wisconsin income and franchise tax purposes under Chapter 71 of the Wisconsin Statutes is also disregarded as a separate entity for purposes of Wisconsin sales and use taxes. The owner and one or more disregarded entity have the same business location. ( 2 Seller's permits issued to a disregarded entity that has the same business location as its owner must be inactivated.). 3  The owner elects to file a separate electronic sales and use tax return for the disregarded entity.
Dictionary entry overview: What does fat-free mean? â¢ FAT-FREE (adjective) The adjective FAT-FREE has 1 sense: 1. without fat or fat solids Familiarity information: FAT-FREE used as an adjective is very rare.
â¢ FAT (noun). The noun FAT has 3 senses: 1. a soft greasy substance occurring in organic tissue and consisting of a mixture of lipids (mostly triglycerides). 2. a kind of body tissue containing stored fat that serves as a source of energy; it also cushions and insulates vital organs. 3. excess bodily weight.