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CONTROL #:61640REMITTANCE #:Cable Worksheet119855$22,381.40Number of SAs rec\'d02/24/20 L EFTOcheckReviewed bySpace A PeriodDate examination completed 10/29/20EHAccountingO FIUNG FEES Amount2639Examined
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LEFT stands for Local Employment and Franchise Tax, which is a municipal tax imposed on businesses operating within a specific locality.
Businesses that operate within the jurisdiction of the local authority that imposes the LEFT are required to file this tax.
To fill out the LEFT form, businesses must provide detailed information regarding their income, expenditures, and business operations as mandated by the local tax authority.
The purpose of LEFT is to generate revenue for local governments to fund public services such as infrastructure, schools, and public safety.
Businesses must report their gross revenues, deductions, applicable credits, and any other relevant financial data as required by the local taxing authority.
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