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Moscow, 15th 18th October 20141. COMPANY INFORMATION COMPANY NAME ADDRESS TOWNPROVPHONE E MAIL WEBFAXDATE OF ESTABLISHMENTNo. OF EMPLOYEESZIP CODEBUSINESS TURNOVER2. PERSONS IN CHARGE OF INITIATIVE

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How to fill out business turnover

01

Gather your financial records including sales receipts, invoices, and bank statements.

02

Determine the time period for which you want to calculate your business turnover (e.g., monthly, quarterly, annually).

03

Sum all sales revenue generated from your products or services during the chosen period.

04

Ensure to include all income streams such as online sales, in-store sales, and service fees.

05

Exclude any refunds or discounts provided to customers from your total sales.

06

Review your calculations for accuracy and document your method for future reference.

Who needs business turnover?

01

Business owners to assess financial performance and make informed decisions.

02

Investors to evaluate the potential of a business before investing.

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Banks and financial institutions for loan applications and credit assessments.

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Tax authorities to ensure compliance with tax regulations.

05

Stakeholders and partners to understand the business's revenue generation capabilities.

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What is business turnover?

Business turnover refers to the total revenue generated by a business from its normal business operations during a specific period, typically measured over a fiscal year.

Who is required to file business turnover?

Generally, businesses that are registered for tax purposes and meet specific revenue thresholds set by tax authorities are required to file business turnover.

How to fill out business turnover?

To fill out business turnover, businesses must collect their total revenue data, determine the applicable tax forms or reporting documents, accurately record revenue figures, and submit them to the relevant tax authority or regulatory body.

What is the purpose of business turnover?

The purpose of business turnover is to assess the financial performance of a business, determine tax obligations, and evaluate the overall economic health of the business.

What information must be reported on business turnover?

Business turnover reports typically require information such as total sales revenue, returns and allowances, discounts, and any other deductions that affect gross revenue.

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