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52. 219-9 SMALL BUSINESS SUBCONTRACTING PLAN NOV 2007 ALTERNATE II OCT 2001 19. 708 b 1 a This clause does not apply to small business concerns. For a commercial plan the Contractor may obtain from each of its subcontractors a predominant NAICS Industry Subsector and report all awards to that subcontractor under its predominant NAICS Industry Subsector. 9 Assurances that the offeror will include the clause of this contract entitled Utilization of that the offeror will require all...
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Who needs 708b1?
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What is 708b1?
708b1 is a form used to report information about certain transfers of property by United States persons to foreign persons.
Who is required to file 708b1?
Individuals, partnerships, corporations, and trusts that make covered transfers are required to file Form 708b1.
How to fill out 708b1?
Form 708b1 must be completed with detailed information about the transfer of property, including the names and addresses of the transferor and transferee, a description of the property transferred, and the value of the property.
What is the purpose of 708b1?
The purpose of Form 708b1 is to report information to the IRS about certain transfers of property to foreign persons in order to ensure compliance with tax laws.
What information must be reported on 708b1?
Information required to be reported on Form 708b1 includes details about the transferor and transferee, the property transferred, the value of the property, and any other relevant information.
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