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Figure: 28 TAC 3.3307(f) TEXAS DEPARTMENT OF INSURANCE MEDICARE SUPPLEMENT REFUND CALCULATION FORM FOR THE CALENDAR YEAR ___ TYPE1 ___SMSBP2___ For the State of Texas ___ Company Name ___ NAIL Group

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Understand the requirements of Subchapter T in the U.S. tax code.

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What is subchapter t minimum standards?

Subchapter T minimum standards are the guidelines and requirements that certain tax-exempt organizations must meet in order to maintain their tax-exempt status.

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The purpose of subchapter T minimum standards is to ensure that tax-exempt organizations are operating in a manner that is consistent with their tax-exempt status and that they are fulfilling their mission in a responsible and transparent manner.

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Information that must be reported on subchapter T minimum standards includes financial statements, details of activities, governance structure, and compliance with tax laws.

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