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FILLABLE FORM FINANCIAL STATEMENT REMISSION OF INDEBTEDNESS AUTHORITY: 10 USC 2774, 10 USC 6161, and SECNAVINST 7220.38E et sequential. PURPOSE: To request waiver of collection of erroneous payments
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Financial statement - remission refers to the process of forgiving or pardoning financial statements that were not submitted or filed within the required deadline.
Individuals or organizations who failed to file their financial statements within the deadline are required to file for financial statement - remission.
To fill out financial statement - remission, individuals or organizations must complete the necessary forms provided by the relevant regulatory body. These forms typically require details about the late financial statements and the reasons for the delay.
The purpose of financial statement - remission is to provide an opportunity for individuals or organizations to rectify and submit their financial statements after missing the initial filing deadline, thereby avoiding any penalties or legal consequences.
The specific information to be reported on financial statement - remission may vary depending on the jurisdiction and regulatory requirements. However, typically, it would include details about the late financial statements, the reasons for the delay, and any supporting documentation.
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