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STATE OF NEW YORK DIVISION OF TAX APPEALS ___ In the Matter of the Petition of BANKERS TRUST NEW YORK CORPORATION: : :for Redetermination of a Deficiency or for : Refund of Franchise Tax on Banking
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Matter of bankers trust refers to legal guidelines and processes governing how banks manage trust accounts and fiduciary responsibilities.
Individuals or entities acting as trustees or fiduciaries for trust accounts held by banks are typically required to file matter of bankers trust.
To fill out matter of bankers trust, provide accurate details about the trust, including trustee information, beneficiaries, and the assets involved, following the specific format required by the regulatory body.
The purpose of matter of bankers trust is to ensure accountability and compliance in managing trust assets, protecting the interests of beneficiaries.
Key information that must be reported includes trustee identification, trust assets, distribution plans, and details of any transactions conducted on behalf of the trust.
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