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NOTE GREAT CHOICE PLUS/HF ADVANTAGE PLUS (Deferred Payment/Forgivable) [THIS LOAN CONTAINS PROVISIONS PROHIBITING THE UNAUTHORIZED TRANSFER OF THE PROPERTY AND IS NOT ASSUMABLE] ___, ___ [Note Date]___,
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Form 3296 is a document used by certain taxpayers to report the issuance of subordinate notes that are part of a financing arrangement, typically for tax purposes.
Taxpayers who issue subordinate notes as part of a financing arrangement are required to file Form 3296.
To fill out Form 3296, you need to provide detailed information about the subordinate notes, including the names of the issuers and holders, terms of the notes, and any related financial data.
The purpose of Form 3296 is to provide tax authorities with information about subordinate notes, ensuring compliance and proper reporting of financing arrangements.
Information reported on Form 3296 includes details such as the date of issue, principal amount, interest rates, maturities, and any relevant transactions associated with the subordinate notes.
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