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B O AR D O F T R U S T E E S R i c h an r d s o n I n de pen d e n t S c h o o l D i s t r i c t Richardson, Texas Date:August 1, 2016Division:Curriculum and InstructionSubmitted by: Tabitha Barnum,
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r i c h stands for Report of International Business Income and is a tax form used to report income earned from international business activities.
Individuals or businesses engaging in international business activities and earning income from those activities are required to file r i c h.
r i c h can be filled out online or through a paper form provided by the tax authorities. It requires detailed information about the international business activities and income.
The purpose of r i c h is to ensure that individuals and businesses accurately report their income from international business activities and pay the appropriate taxes on that income.
Information such as the type of international business activities, income earned, expenses incurred, and any taxes paid on the income must be reported on r i c h.
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