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LAKE OF THE WOODS LIONESS DOWN Volume 25, Number 4October 2009Presidents Corner By Lioness Pat See, LOW Lioness President I would rather sit on a pumpkin and have it all to myself than be crowded

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What is low down?

Low down refers to a specific financial reporting requirement that mandates individuals or entities to disclose certain types of income, deductions, and credits for tax purposes.

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Information such as sources of income, deductions, and tax credits must be reported on low down.