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Oampphot stands for Official Annual Profit and Loss Statement.
All businesses and individuals who have income from commercial activities are required to file oampphot.
Oampphot can be filled out online through the official government website or by submitting a physical form to the tax authorities.
The purpose of oampphot is to report the income, expenses, and profit or loss of a business or individual for a specific period to the tax authorities.
Information such as total income, expenses, net profit or loss, and any relevant deductions must be reported on oampphot.
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