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2016 TWO WAY SPECIAL UTILITY DISTRICT SCHOLARSHIP Amount $500 Eligibility Requirements Must be a graduating from Senior and the child, stepchild or grandchild of a customer receiving water service
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Two way special utility is a form used to report certain types of transactions between related parties.
Certain businesses are required to file two way special utility if they engage in specific transactions with related parties.
Two way special utility can be filled out following the guidelines provided by the tax authorities and including all relevant information about the related party transactions.
The purpose of two way special utility is to ensure that related party transactions are conducted at arm's length and to prevent tax avoidance.
Two way special utility must include details of related party transactions, pricing information, and a description of the relationship between the parties.
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