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Jul 1, 2008 ... Introduction. Domestic L/C, a written commitment to the seller issued by Bank of China on request of the buyer in a domestic trade, is a ...
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Domestic L is a form required to be filed by certain taxpayers who have domestic income.
Taxpayers who meet certain criteria as defined by the tax authorities are required to file domestic L.
Domestic L can be filled out either manually or electronically, following the instructions provided by the tax authorities.
The purpose of domestic L is to report domestic income and ensure compliance with tax regulations.
Taxpayers must report their domestic income, deductions, and credits on domestic L.
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