[gamblor956]

For tax purposes, an LLC is either a corporation or a partnership; it's not merely similar to one or the other. LPs, LLPs, and LLLPs are taxed like partnerships, unless they are foreign registered, in which case they are taxed like corporations.

An LLC treated as as partnership for tax purposes is required to disclose it's partners all the way up the chain.

Legally, an LLC is organized like a partnership (member managed) or like a corporation (manager managed). I should have been more precise there. I was using shorthand because I was assuming the tax context and should have acknowledged that the tax treatment differs from the legal treatment.