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PR 480.20 2016 free printable template

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Form 480.20 Rev. 03.1620__Reviewer:Liquidator:20__COMMONWEALTH OF PUERTO RICO DEPARTMENT OF THE TREASURYField audited by:Serial NumberCorporation Income Tax ReturnAMENDED RETURNDate ___/ ___/ ___ RMNPayment
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PR 480.20 is a tax form used in Puerto Rico for reporting information related to the annual income of certain businesses and entities.
Entities engaged in business activities in Puerto Rico, including corporations, partnerships, and sole proprietors, are generally required to file PR 480.20.
To fill out PR 480.20, businesses must provide detailed information about their earnings, expenses, and other financial data required by the form. It may also require attachments that support the reported figures.
The purpose of PR 480.20 is to provide the Puerto Rico Department of Treasury with an accurate account of a business's financial activities for tax assessment and compliance purposes.
PR 480.20 requires the reporting of gross income, allowable deductions, business expenses, and other specific details pertinent to the entity's financial operations during the tax year.
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