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REAL ESTATE EXCISE TAX STATEMENT OF TAXES COLLECTEDReset This Forecourt Report Month/Year Beginning Affidavit No. Ending Affidavit No. Total No. of Affidavits (Including Mobile Homes)Total No. of
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Step 1: Gather all the necessary documents related to taxes collected, such as sales invoices, receipts, and financial records.
02
Step 2: Determine the relevant tax period for which you are preparing the statement of taxes collected.
03
Step 3: Separate the taxable and nontaxable transactions, ensuring accurate classification.
04
Step 4: Calculate the total amount of taxes collected for each tax category.
05
Step 5: Prepare a statement summarizing the taxes collected, including the tax category, tax rate, and amount collected.
06
Step 6: Double-check all calculations and ensure the accuracy of the statement.
07
Step 7: Submit the statement of taxes collected to the appropriate tax authorities within the specified deadline.

Who needs statement of taxes collected?

01
Businesses and individuals who are required to collect and remit taxes to the tax authorities.
02
Tax accounting professionals and consultants who assist businesses in preparing their tax obligations.
03
Tax auditors and authorities who review and verify the accuracy of tax collections.
04
Government entities and regulatory bodies responsible for monitoring tax compliance.
05
Financial institutions and creditors who may require the statement of taxes collected for loan applications or financial analysis.
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The statement of taxes collected is a document that details the taxes collected by an individual or organization during a specific period.
Any individual or organization that collects taxes must file a statement of taxes collected.
The statement of taxes collected can be filled out by entering the relevant information about the taxes collected during the specified period.
The purpose of the statement of taxes collected is to document and report the taxes collected by an individual or organization.
The statement of taxes collected must include details such as the amount of taxes collected, the types of taxes collected, and the period for which the taxes were collected.
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