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COUNTY OF GREENE EMPLOYEE HANDBOOKGREENE COUNTY BOARD OF COMMISSIONERS Blair Zimmerman Dave Coder Archie TraderRevised and Effective 1/1/19TABLE OF CONTENTS CHAPTER 1234SUBJECTPAGEINTRODUCTION5Introductory
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Revised and effective 1119 refers to the updated version of Form 1119 which is used to report income from U.S. corporations with foreign operations.
U.S. corporations with foreign operations are required to file revised and effective 1119.
Revised and effective 1119 can be filled out by providing detailed information about the income, expenses, taxes paid, and foreign operations of the U.S. corporation.
The purpose of revised and effective 1119 is to calculate the U.S. tax liability on the income earned from foreign operations.
On revised and effective 1119, information such as income from foreign operations, expenses, taxes paid to foreign governments, and U.S. tax liability must be reported.
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