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1. Purchaser Information a. Purchaser s Name include DBA if applicable b. Street Address c. City State Zip Code d. Exhibit B - A certificate from the Secretary of State of Indiana showing purchaser is registered to do business in Indiana if the purchaser is a non-resident corporation or A certificate of existence from the Secretary of State of Indiana if the purchaser is an Indiana corporation. If seller is a corporation provide the State and the date of incorporation. List all Indiana...
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What is form 707?
Form 707 is a tax form used for reporting information related to foreign bank accounts.
Who is required to file form 707?
US taxpayers who have a financial interest in or signature authority over one or more foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year.
How to fill out form 707?
Form 707 must be filled out with the taxpayer's personal information, details of the foreign financial accounts, and any other required information as per the instructions provided by the IRS.
What is the purpose of form 707?
The purpose of form 707 is to report foreign financial accounts to the US government in order to comply with tax laws and to prevent tax evasion.
What information must be reported on form 707?
Form 707 requires taxpayers to report details of their foreign financial accounts, including the name and address of the financial institution, the account number, the maximum value of the account during the year, and other relevant information.
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