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Fee Taxes v. Fees A tax raises revenue not necessarily connected to the activity being taxed A fee is generally imposed at lower rates and is connected to a direct... Town of Morristown, 731 A.2d
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What is ftb 7275?
{"ftb 7275": "FTB 7275 is a form used by the Franchise Tax Board (FTB) of California to report information related to a California like-kind exchange."}
Who is required to file ftb 7275?
{"requiredFilers": "Taxpayers who have participated in a like-kind exchange in California during the tax year are required to file FTB 7275."}
How to fill out ftb 7275?
{"fillingOutProcess": "To fill out FTB 7275, taxpayers need to provide information about the like-kind exchange, including details about the properties exchanged and the realized gain or loss."}
What is the purpose of ftb 7275?
{"purpose": "The purpose of FTB 7275 is to report information about like-kind exchanges in California to the Franchise Tax Board for tax purposes."}
What information must be reported on ftb 7275?
{"reportedInformation": "Information such as the description of the properties exchanged, their fair market values, the date of the exchange, and the realized gain or loss must be reported on FTB 7275."}
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