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1 4 Return of Private Foundation 990 -PF Form OMB No 1545-0052 or Section 4947(a)(1) Nonexempt Charitable Trust I Treated as a Private Foundation Department of the Treasury Note. The foundation may
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Tapc p stands for Tax on Accumulation and Profit Distribution.
Corporations that accumulate profits and distribute them among shareholders are required to file tapc p.
Tapc p must be filled out with the relevant financial information regarding profits accumulated and distributed.
The purpose of tapc p is to ensure that corporations are taxed on the profits they accumulate and distribute to shareholders.
Tapc p must report details of the profits accumulated and distributed, as well as any tax payments made.
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