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FILED: NEW YORK COUNTY CLERK 02/19/2013 NYSE DOC. NO. 75INDEX NO. 650421/2011 RECEIVED NYSE: 02/19/2013SUPREME COURT OF THE STATE OF NEW YORK COUNTY OF NEW YORK x MAC ASSURANCE CORPORATION, : : Plaintiff,

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What is ambacs?

AMBACs stands for Annual Business Activity Statements. It is a form that businesses use to report their annual financial activity and be compliant with tax regulations.

Who is required to file ambacs?

All businesses, including sole traders, partnerships, companies, and trusts, are required to file AMBACs if they meet certain criteria set by the tax authority.

How to fill out ambacs?

To fill out AMBACs, businesses need to provide information on their income, expenses, assets, liabilities, and other financial activities for the year. This information is then used to calculate the tax obligations of the business.

What is the purpose of ambacs?

The purpose of AMBACs is to provide tax authorities with information about a business's financial activities for the year so that they can assess and collect the appropriate amount of tax.

What information must be reported on ambacs?

Businesses must report information on their income, expenses, assets, liabilities, and other financial activities for the year on AMBACs.

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