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FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION OMB APPROVAL Washington, D.C. 20549 OMB 3235Check this box if no STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF longer subject to Section 16.
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The form 708 a is needed by individuals or organizations involved in certain transactions or events that require reporting to the appropriate authorities. This may include businesses, financial institutions, or individuals involved in large financial transactions, such as buying or selling real estate, securities, or other high-value assets.
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708(a) refers to a section of the Internal Revenue Code that pertains to information reporting requirements for certain entities.
Certain entities, such as trusts and foreign entities, are required to file 708(a).
Form 708 is used to report the required information, which includes details about the entity's ownership and activities.
The purpose of 708(a) is to provide the IRS with information about certain entities to ensure compliance with tax laws.
Information such as ownership interests, financial transactions, and other activities of the entity must be reported on Form 708.
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