In the United States, additional types of FTE include S corporations, income trusts and limited liability companies.
"[1]: 89 In the United States, pass-through entities include "sole proprietorships, partnerships and S corporations that ... pay taxes at the individual rate of their owners"[2] as well as income trusts and limited liability companies.
[7] FTEs included in the 2009 IBFD International Tax Glossary included the Bond and Bond Option Sales Strategy (BOSS) transaction] referring to an "investment strategy developed in the United States to generate tax losses without a corresponding economic loss.
[1]: 45 According to a report published by Brookings in May 2017, in the early 1980s almost all business income in the United States was generated by C corporations.
[8] In December 2004 the Financial Asset Securitization Investment (FASIT) which was a flow-through entity formed in the United States, was repealed.
[1]: 179 By 2005 the US Internal Revenue Service viewed Son of Boss as "an abusive transaction aggressively marketed in the late 1990s and 2000 primarily to wealthy individuals."
"[8] Starting in 2013, Kansas Governor Sam Brownback undertook what was described by The Atlantic in a June 2017 article as the United States' "most aggressive experiment in conservative economic policy".
"[8] According to a September 2017 article in The New York Times, about "95 percent of companies in the United States are structured as pass-through entities, generating the bulk of the government’s tax revenues.
Since 95% of businesses are incorporated as pass-through entities[12] Examples include "sole proprietorships, partnerships and S corporations that currently pay taxes at the individual rate of their owners.