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Exhibit E ELECTION OF APPLICABLE PERCENTAGE (TAX-EXEMPT BONDFINANCED PROJECT), an is the owner (Owner) of a multifamily rental housing project known as located in, Colorado, consisting of building(s)
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What is election of applicable percentage?
The election of applicable percentage is a tax form used to report the percentage of income that will be subject to a specific tax rate.
Who is required to file election of applicable percentage?
Individuals or businesses who have income that is subject to variable tax rates may be required to file the election of applicable percentage form.
How to fill out election of applicable percentage?
To fill out the election of applicable percentage form, you will need to report your total income and then calculate the percentage that will be subject to the specific tax rate.
What is the purpose of election of applicable percentage?
The purpose of the election of applicable percentage is to ensure that the correct amount of tax is paid on income that is subject to variable tax rates.
What information must be reported on election of applicable percentage?
The election of applicable percentage form typically requires reporting of total income, percentage subject to specific tax rate, and any relevant tax calculations.
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