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FL OO LAW M E ! SLC l to l y.m i.
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L Teo stands for Local Tax Exempt Organization.
Nonprofit organizations that are exempt from local taxes are required to file L Teo.
To fill out L Teo, organizations must provide information about their tax-exempt status and any local tax obligations.
The purpose of L Teo is to report information about tax-exempt organizations' local tax status.
Information about the organization's tax-exempt status, local tax obligations, and any changes to these statuses must be reported on L Teo.
The deadline to file L Teo in 2023 is typically April 15th.
Penalties for late filing of L Teo vary by jurisdiction, but may result in fines or loss of tax-exempt status.
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