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Important Notice The Depository Trust Company #:1710222Date:07/07/2022To:All ParticipantsCategory:DividendsFrom:Supervisor, Stock Dividend DepartmentAttention:Dividend Managers, Cashiers, and Reorganization
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01
Obtain all necessary information about the income and expenses for the calculation period.
02
Calculate the total income received during the period.
03
Calculate the total expenses incurred during the period.
04
Subtract the total expenses from the total income to get the gross profit.
05
Divide the gross profit by the total income and multiply by 100 to get the approximate gross rate.
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What is approximate gross rate 1?
Approximate gross rate 1 is the estimated total revenue before any deductions or expenses.
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Businesses and individuals who earn income that is subject to taxation are required to file approximate gross rate 1.
How to fill out approximate gross rate 1?
Approximate gross rate 1 can be filled out electronically or manually on the designated forms provided by the tax authority.
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The purpose of approximate gross rate 1 is to report total revenue earned by an individual or business for taxation purposes.
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Information such as total revenue, sources of income, and any other relevant financial details must be reported on approximate gross rate 1.
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