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The GD-5 is a form used for reporting gifts or donations received by individuals or organizations.
Anyone who has received gifts or donations above a certain threshold set by tax authorities is required to file the GD-5 form.
The GD-5 form can be filled out online or in paper form, providing details of the gifts or donations received.
The purpose of GD-5 is to track and report any gifts or donations received to ensure compliance with tax regulations.
The GD-5 form typically requires information such as the donor's details, the value of the gift or donation, and the purpose of the gift.
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