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1S 244/2011First published in the Government Gazette, Electronic Edition, on 3rd May 2011 at 10:00 am. No. S 244 LEGAL PROFESSION ACT (CHAPTER 161) LEGAL PROFESSION (ADMISSION) RULES 2011 ARRANGEMENT
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Section 244 of the Internal Revenue Code outlines the rules for reporting certain transactions on Form 2441.
Individuals and businesses who participate in reportable transactions as defined by the IRS are required to file Form 2441.
Form 2441 must be filled out accurately and completely, including all relevant information about the reportable transaction.
The purpose of s 244 is to ensure that certain transactions are properly reported to the IRS for tax compliance and transparency.
Form 2441 requires information about the taxpayer, the reportable transaction, and any other pertinent details as required by the IRS.
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