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REPUBLIC OF THE PHILIPPINES DEPARTMENT OF FINANCE BUREAU OF INTERNAL Revenues and Awards CommitteePHILIPPINE BIDDING DOCUMENTS Sixth Edition July 2020SUPPLY AND DELIVERY OF BRAND NEW ONE HUNDRED FORTIFIER
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What is new one hundred forty-four?
New one hundred forty-four refers to IRS form 144, which is used for application for consent of S corporation to revoke an election under Internal Revenue Code section 1362(a).
Who is required to file new one hundred forty-four?
S corporations that want to revoke their election under Internal Revenue Code section 1362(a) are required to file new one hundred forty-four.
How to fill out new one hundred forty-four?
To fill out new one hundred forty-four, S corporations need to provide information about the corporation, shareholders, and the revocation of the election under Internal Revenue Code section 1362(a).
What is the purpose of new one hundred forty-four?
The purpose of new one hundred forty-four is to provide a formal request for the revocation of the election under Internal Revenue Code section 1362(a) for S corporations.
What information must be reported on new one hundred forty-four?
Information such as the name and address of the S corporation, a statement of revocation of election, and other relevant details must be reported on new one hundred forty-four.
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