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C r e at e d by R h o n the A b r an m s Excerpted from Passion to Profits: Business Success for New Entrepreneurs To p u r ch a set h e f UL l boo k vi sit w w w.pl an n i n GSH o p.c o m S i g n
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creat stands for Corporate Real Estate Annual Tax and refers to the annual tax filing requirement for businesses that own or lease real estate properties.
Businesses that own or lease real estate properties are required to file creat.
To fill out creat, businesses must gather information on their real estate properties, including ownership or lease details, property values, and any tax deductions or exemptions.
The purpose of creat is to report and pay annual tax on real estate properties owned or leased by businesses.
Information such as property ownership or lease details, property values, tax deductions, and exemptions must be reported on creat.
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