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FormEXTENDED TO NOVEMBER 15, 2021990OMB No. 15450047Return of Organization Exempt From Income TaxUnder section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
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Convergence events refer to the occurrences wherein organizations or entities come together to align their operations, compliance, or financial reporting processes, typically in response to regulatory requirements or industry standards.
Entities involved in converging their operations or financial practices, usually including corporations, financial institutions, and other relevant organizations, are required to file convergence events.
To fill out convergence events, entities must follow the prescribed format and guidelines provided by the regulatory body, ensuring all required information is accurately gathered and submitted within the specified deadlines.
The purpose of convergence events is to provide transparency and consistency in reporting, ensuring that organizations meet regulatory compliance and align with industry standards to promote fair practices and accountability.
Information that must be reported on convergence events typically includes entity details, event descriptions, financial data, operational changes, compliance measures, and any other relevant information as outlined by regulatory authorities.
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