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CA Franchise Tax Board Individual XML e-file 2010v2.0 Release Memo Greetings from the Franchise Tax Board e-file Program, This is the third (2010v2.0) and final release prior to production of 2010
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The FTB schema, also known as the Financial Transactions Bulletin schema, is a standardized data structure used for reporting financial transactions within an organization.
Any organization or entity that engages in financial transactions and falls under the regulatory requirements of the FTB schema must file the necessary reports.
To fill out the FTB schema, organizations need to gather relevant financial transaction data and input it into the designated fields of the schema template, adhering to the specified format and guidelines.
The purpose of the FTB schema is to provide a standardized format for reporting financial transactions, allowing regulatory authorities to efficiently analyze and monitor financial activities across various entities.
The specific information that needs to be reported on the FTB schema may vary depending on the regulatory requirements of the jurisdiction. Generally, it includes details such as transaction date, amount, parties involved, transaction type, and any relevant supporting documentation.
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