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Agenda for the Board of Lowell Light & Power Regular Board Meeting on June 11, 2024 @ 6:00 p.m. at the LLP Energy Center (625 Chatham St.) I.CALL TO ORDER AND ROLL CALLIE.APPROVAL OF AGENDA.APPROVAL
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What is pa-95 annual election?
The pa-95 annual election is a form that certain entities are required to file with the appropriate authority to elect to be taxed as a Pennsylvania S Corporation for state tax purposes.
Who is required to file pa-95 annual election?
Any entity that elects to be taxed as a Pennsylvania S Corporation for state tax purposes is required to file the pa-95 annual election.
How to fill out pa-95 annual election?
The pa-95 annual election form can be filled out online or submitted by mail. The form requires basic information about the entity and its shareholders, as well as the election to be taxed as a Pennsylvania S Corporation.
What is the purpose of pa-95 annual election?
The purpose of the pa-95 annual election is to allow certain entities to elect to be taxed as a Pennsylvania S Corporation for state tax purposes, which may result in potential tax savings.
What information must be reported on pa-95 annual election?
The pa-95 annual election requires information about the entity, its shareholders, and the election to be taxed as a Pennsylvania S Corporation. This includes the names and addresses of shareholders, their ownership percentages, and consent to the election.
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