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SB 1041 Filed 02/25/2004, 07:51 KerseyPREVAILEDRoll Call No. ___Filenames ___WITHDRAWNNoes ___RULED OUT OF PORTERHOUSE MOTION ___ MR. SPEAKER: I move that Engrossed Senate Bill 104 be amended to read
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Form S1045 is a tax form used to report the financial activities of failed banks and their operations for the purpose of tax filing and compliance.
The form S1045 must be filed by the receivership or other responsible parties of a failed bank who need to report its financial position for tax purposes.
To fill out S1045, you need to provide details about the failed bank's operations, assets, liabilities, and any taxable transactions during the reporting period. Instructions are usually provided in the official form guidelines.
The purpose of S1045 is to ensure that the financial activities of a failed bank are accurately reported for tax purposes, enabling proper assessment of the bank's tax liabilities.
The information reported on S1045 includes the bank's assets, liabilities, income, deductions, and any other relevant financial data necessary for tax assessment.
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