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The Laurentian University Students General Association Corporate Policies and Procedures Subject: Collection and Use of Employee Information 1. POLICY OBJECTIVE 1.1. To ensure that procedural guidelines
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What is sga collection and use?
SGA collection and use refers to the gathering and utilization of information related to substantial contributors, foundation managers, and disqualified persons by tax-exempt organizations.
Who is required to file sga collection and use?
Tax-exempt organizations such as non-profits, charities, and foundations are required to file SGA collection and use.
How to fill out sga collection and use?
SGA collection and use forms can typically be filled out online or submitted through specific electronic portals provided by the IRS.
What is the purpose of sga collection and use?
The purpose of SGA collection and use is to ensure transparency and compliance with regulations regarding financial transactions and relationships within tax-exempt organizations.
What information must be reported on sga collection and use?
Information such as details of substantial contributors, foundation managers, and disqualified persons, as well as their financial relationships with the tax-exempt organization must be reported.
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