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ATTACHMENT 1Agenda Item # Cecile No. Mammoth Lakes Town Council Agenda Action Sheet Council Meeting Date: September 21, 2016Date Prepared: September 14, 2016Prepared by:Ruth Trailer, Associate PlannerTitle:Concept
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C-YEC stands for Corporate Income Tax - Year End Checklist. It is a document that businesses use to ensure they have all the necessary information and documentation to file their corporate income tax return.
Any business or corporation that is subject to corporate income tax is required to file c-yec.
C-YEC can be filled out manually by following the checklist provided and gathering all the required information and documents. Alternatively, some businesses use accounting software to automate the process.
The purpose of c-yec is to help businesses organize their financial information and ensure they comply with all tax regulations when filing their corporate income tax return.
Information such as income statements, balance sheets, expenses, tax deductions, and any other financial data relevant to the calculation of corporate income tax must be reported on c-yec.
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