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Caution: DRAFT FORM This is an advance draft copy of a California tax form. It is subject to change and FT approval before it is officially released. Please give us your comments or suggestions about
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Principal activity of business refers to the main focus or primary function of a company's operations.
All businesses, including corporations, partnerships, and sole proprietors, are required to file their principal activity of business.
To fill out principal activity of business, businesses must provide a detailed description of their main business activities.
The purpose of principal activity of business is to provide clarity on the main operations of a company for regulatory and reporting purposes.
The information reported on principal activity of business typically includes a description of the company's products or services, target market, and core business activities.
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