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XXIV:5www.export.gov/cnusaSeptember/October 2008Profit by Partnering with U.S. Companionable of Contents. . . . . . . . . . . . . . . . . . . . . 3 Trade Shows. . . . . . . . . . . . . . . . . . .
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Profit by partnering is a method of generating revenue through collaboration with another company.
Any company or individual engaging in profit by partnering activities is required to file.
Profit by partnering forms can be filled out electronically or on paper, following the instructions provided by the relevant tax authority.
The purpose of profit by partnering is to accurately report and pay taxes on any income earned through partnership activities.
Income received from partnerships, expenses related to partnership activities, and any applicable deductions or credits must be reported.
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