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ATTACHMENT 2 BASIS OF PREPARATION REGULATORY INFORMATION NOTICE (APRIL 2022) GAS DIVISIONPUBLICFor the regulatory years 2019, 2020 and 2021 31/08/2022Contents OVERVIEW .............................................................................................................................................II
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What is attachment 2 - basis?
Attachment 2 - basis is a form that provides detailed information about the basis of assets or liabilities held by a taxpayer.
Who is required to file attachment 2 - basis?
Taxpayers who report capital gains and losses, or who conduct certain types of transactions, are required to file attachment 2 - basis.
How to fill out attachment 2 - basis?
To fill out attachment 2 - basis, gather all relevant data regarding your assets and liabilities, fill in the required sections with accurate figures, and ensure all calculations are correct.
What is the purpose of attachment 2 - basis?
The purpose of attachment 2 - basis is to disclose the details of asset bases to ensure accurate reporting of gains or losses for tax purposes.
What information must be reported on attachment 2 - basis?
Information that must be reported includes the description of assets, their acquisition dates, costs, and the basis for reporting gains or losses.
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