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1 Copyright ICICI Bank Limited. All rights reserved. Merchant Integration Guide Version: 2.0 Release Date: March 29, 20062 Copyright ICICI Bank Limited. All rights reserved. Copyright Information
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Pay2Corp is a filing requirement for certain corporations that involves reporting payments made to contractors and other entities.
Corporations that make payments to contractors totaling $600 or more within a calendar year are required to file pay2corp.
To fill out pay2corp, gather required payment information, complete the form with accurate details regarding the payments and recipients, and submit it to the appropriate agency.
The purpose of pay2corp is to ensure transparent reporting of payments made by corporations to contractors for services rendered.
Information that must be reported includes the names and addresses of the payees, the total amount paid, and the type of services provided.
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