
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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Workers who have experienced job loss and are seeking unemployment compensation.
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What is PR 480.20?
PR 480.20 is a tax form used in Puerto Rico for reporting information related to the annual income of certain businesses and entities.
Who is required to file PR 480.20?
Entities engaged in business activities in Puerto Rico, including corporations, partnerships, and sole proprietors, are generally required to file PR 480.20.
How to fill out 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.
What is the purpose of PR 480.20?
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.
What information must be reported on PR 480.20?
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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