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S0496.1 ___SENATE BILL 5216 ___State of Washington68th Legislature 2023 Regular SessionBy Senators Frame, Liias, Billig, Hasegawa, Nobles, and C. WilsonAN ACT Relating to collision reporting criteria
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SB 5216 is a legislative bill in Washington State that relates to the reporting of certain tax information and compliance requirements for businesses and individuals.
Businesses and individuals who meet specific criteria as outlined in SB 5216 are required to file it, particularly those involved in certain financial transactions.
To fill out SB 5216, individuals and businesses must provide relevant financial information as required by the form, which may include income details, transaction records, and other data stipulated by the legislation.
The purpose of SB 5216 is to increase tax compliance, enhance transparency in financial reporting, and ensure that the state collects an accurate account of taxable activities.
The information required to be reported on SB 5216 typically includes income data, transaction summaries, identification of participating parties, and other financial information as specified in the bill.
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