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FEDERATED STATES OF MICRONESIA SOCIAL SECURITY ADMINISTRATION (A COMPONENT UNIT OF THE FEDERATED STATES OF MICRONESIA NATIONAL GOVERNMENT) ___ FINANCIAL STATEMENTS, ADDITIONAL INFORMATION AND INDEPENDENT
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The Federated States of Micronesia (FSM) is an independent sovereign nation located in the western Pacific Ocean, consisting of four states: Yap, Chuuk, Pohnpei, and Kosrae.
Individuals and businesses that have income or generate revenue in the Federated States of Micronesia are required to file taxes.
To fill out forms for the Federated States of Micronesia, individuals should gather their income documentation, complete the designated tax forms, and submit them according to the instructions provided by the FSM Department of Finance.
The purpose of the Federated States of Micronesia includes self-governance, promoting economic development, and preserving cultural heritage while engaging in international relations.
Tax filers must report their total income, deductions, credits, and any applicable taxes owed on their tax returns for the Federated States of Micronesia.
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