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Case 2:20cv02321DJH Document 441 Filed 12/05/20 Page 1 of 69Exhibit 1Case 2:20cv02321DJH Document 441 Filed 12/05/20 Page 2 of 69U.S. Congress Letters of Support Bowyer v DuceyCase 2:20cv02321DJH
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The validity of statutory rollbacks refers to the legal recognition and enforcement of adjustments made to laws or regulations that allow for the reversion of certain legal frameworks to previous standards or rates, typically in taxation or regulatory contexts.
Entities or individuals affected by statutory changes, such as businesses complying with tax regulations or local government entities implementing policy changes, are required to file validity of statutory rollbacks.
Filling out the validity of statutory rollbacks typically involves completing a designated form provided by the relevant authority, which includes information about the entity filing, the nature of the rollback, and supporting documentation that justifies the need for reversion.
The purpose of validity of statutory rollbacks is to ensure compliance with legal standards and provide a mechanism for addressing changes in laws or regulations that impact taxation or other legal obligations, enabling entities to align with previous legal frameworks.
Information that must be reported includes the entity's identification details, specific regulations being rolled back, the reasons for rollback, and any financial data relevant to the changes being reported.
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