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Reprinted January 31, 2003, SENATE BILL No. 117 DIGEST OF SB 117 (Updated January 30, 2003 2:38 PM DI 71) Citations Affected: IC 2012. Synopsis: Eligibility for STACI programs. Provides that if a
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What is 117 digest of sb?
The 117 digest of sb, also known as Form 117, is a reporting form used to summarize and report information about the sales and use tax liabilities for a business.
Who is required to file 117 digest of sb?
Businesses that have sales tax liabilities in a specific jurisdiction are required to file the 117 digest of sb for that jurisdiction.
How to fill out 117 digest of sb?
To fill out the 117 digest of sb, you must provide information such as the business's name, address, tax identification number, and details of sales and use tax liabilities incurred.
What is the purpose of 117 digest of sb?
The purpose of the 117 digest of sb is to provide a summary of sales and use tax liabilities to the tax authorities for reporting and audit purposes.
What information must be reported on 117 digest of sb?
The 117 digest of sb must report information such as the total sales and use tax liability, taxable sales, exempt sales, and any credits or deductions applied.
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