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PARA LIGHT ELECTRONICS CO., LTD. 4F, No.1, Lane 93, Chain I Rode, Chung Ho City, Taipei, Taiwan, R.O.C. Tel: 886222253733 Fax: 886222254800 Email: para@para.com.tw http://www.para.com.twDATA SWEETHEART
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How to fill out interested party transaction ipt

01
Obtain the interested party transaction (IPT) form from the relevant department or entity.
02
Fill out the IPT form with the required information, such as the names of the parties involved, the nature of the transaction, and the relationship between the parties.
03
Provide any supporting documentation or evidence that may be required to support the transaction.
04
Ensure all parties involved in the transaction sign the form to acknowledge their agreement to the terms and conditions.
05
Submit the completed IPT form to the designated authority or department for review and approval.

Who needs interested party transaction ipt?

01
Any individual or organization that is involved in a transaction with an interested party, where there may be a potential conflict of interest, needs interested party transaction (IPT) form.
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An interested party transaction (IPT) refers to any transaction that occurs between two parties who have a pre-existing relationship, which can affect the terms of the transaction due to their connection.
Individuals or entities that engage in transactions with related parties, such as companies with shared ownership or family relationships, are required to file an interested party transaction IPT.
To fill out an IPT, report the relevant details about both parties involved, the nature of the transaction, the value, and any terms or conditions that might differ from standard transactions.
The purpose of filing an IPT is to ensure transparency and maintain fairness in business transactions, helping to prevent conflicts of interest and financial misreporting.
Key information includes the names of the parties involved, nature of the relationship, transaction date, transaction amount, type of transaction, and any special terms.
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