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L-42 Valuation Basis (Life Insurance) a. How the policy data needed for valuation is accessed. All policy details (excluding micro insurance products and annuity policies) are extracted from the Ingenious,
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Form L-42 DEC is a form used for reporting and declaring information related to sales and use tax in certain jurisdictions.
Businesses operating in jurisdictions that require the collection and remittance of sales and use tax are required to file Form L-42 DEC.
To fill out Form L-42 DEC, you need to provide information such as the business name, address, tax identification number, sales tax collected, and any exemptions or deductions applicable.
The purpose of Form L-42 DEC is to accurately report and declare sales and use tax information in compliance with jurisdictional requirements.
On Form L-42 DEC, you must report the business details, total sales tax collected, exemptions claimed, and any other relevant information requested by the jurisdiction.
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