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Who is the T2125 tax form designed for? The Statement of Business Activities issued to calculate your business or professional income as a selfemployedperson. Use it if you are the only person in
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What is statement of business activities?
The statement of business activities is a document that outlines the financial activities of a business during a specific period.
Who is required to file statement of business activities?
Businesses, corporations, partnerships, and self-employed individuals are required to file a statement of business activities.
How to fill out statement of business activities?
The statement of business activities can be filled out online or submitted in physical form to the relevant government department.
What is the purpose of statement of business activities?
The purpose of the statement of business activities is to provide an overview of the financial performance and transactions of a business.
What information must be reported on statement of business activities?
The statement of business activities typically includes information on revenue, expenses, assets, liabilities, and taxes.
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