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This form is used to apply for the assignment of a number to a specified optional debenture covenant under the Land Titles Act.
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Who needs form 61?

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Form 61 is a document used for reporting certain transactions to the tax authorities, specifically in relation to the requirements of the Income Tax Act.
Individuals who receive cash payments in excess of specified limits and entities involved in significant cash transactions are typically required to file Form 61.
Form 61 must be filled out with specific details including the name, address, and taxpayer identification number, along with information about the transaction being reported.
The purpose of Form 61 is to ensure compliance with tax regulations by reporting high-value transactions that may evade tax scrutiny.
Form 61 requires reporting of the nature of the transaction, the total amount, the date of the transaction, and the identification details of the parties involved.
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