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3.3.3. OFT Solicitation Procedure
Solicitation by Campus Individuals or Organizations
Now off campus individual or organization may distribute literature, advertise, solicit customers,
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What is 331 procedure?
The 331 procedure is a form used to report certain transactions to the IRS.
Who is required to file 331 procedure?
Any individual or entity who is engaged in specified transactions must file the 331 procedure.
How to fill out 331 procedure?
The 331 procedure can be filled out electronically or by mail following the instructions provided by the IRS.
What is the purpose of 331 procedure?
The purpose of the 331 procedure is to ensure that certain transactions are accurately reported to the IRS for tax purposes.
What information must be reported on 331 procedure?
The 331 procedure requires information such as the nature of the transaction, the parties involved, and the amount of money exchanged.
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