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Form 480.20(CPT) Rev. 03.21 Liquidator: Reviewer:20 Field audited by:Serial Number20 EMPLOYEES OWNED SPECIAL CORPORATION INFORMATIVE INCOME TAX Returnable / / GOVERNMENT OF PUERTO RICO DEPARTMENT

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Obtain the necessary legal documents and forms required to set up an employees owned special corporation.

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What is employees owned special corporation?

Employees owned special corporation refers to a type of company where the majority of shares are held by employees.

Who is required to file employees owned special corporation?

The employees owned special corporation is required to be filed by the company's management or designated officers.

How to fill out employees owned special corporation?

To fill out employees owned special corporation, the required forms must be completed accurately with all necessary information and submitted to the appropriate government agency.

What is the purpose of employees owned special corporation?

The purpose of employees owned special corporation is to give employees ownership in the company, which can lead to increased motivation and loyalty.

What information must be reported on employees owned special corporation?

The information that must be reported on employees owned special corporation includes details about the company's ownership structure, employee shareholders, and any changes in ownership.

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