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EXHIBIT C TRUTH IN TAXATION CERTIFICATE OF COMPLIANCE (35 ILLS 200/1890)Note: The following certificate is only a suggested format. The county clerk may require a different certificate to be signed
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Truth in taxation is a principle that ensures transparency in the tax system by requiring taxpayers to report their income and assets accurately.
All individuals and businesses are required to file truth in taxation.
To fill out truth in taxation, taxpayers need to provide detailed information about their income, assets, expenses, and any deductions they are eligible for.
The purpose of truth in taxation is to ensure that taxpayers are paying their fair share of taxes based on their financial situation.
Taxpayers must report their income from all sources, assets owned, expenses incurred, and any deductions they are claiming.
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