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Form 12203 online Arvada Colorado: What You Should Know
Arvada, CO As required by Section 406 of the Internal Revenue Code (the “Code”), the Company has taken some steps to ensure compliance with various federal, state, and local laws, regulations, and policies, as well as to assist in providing reasonable and appropriate financial assistance to our taxpayers under these federal, state, and local laws and regulations. The Company: Arvada, CO is an Oklahoma real estate development company. The Company operates a general office in New York and another office in Colorado. The Company develops properties primarily in Oklahoma, Kansas, Ohio, North and South Dakota, Montana, and North Carolina, where the Company has a presence. The Company's assets are primarily owned by non-controlling owners with limited interests in the Company. The Company does not have management authority over the Company's real estate holdings. While all assets were previously taxed in Oklahoma, this year the Company has chosen to adopt the following corporate structure: Assets: 90 % Real estate holdings consist of four (4) office buildings in Oklahoma, one (1) office building in New York, and one (1) warehouse and two (2) trucking company truck parking spaces in North Carolina. Receivables and other income comprises: Receivables include lease rentals, short term advances, short term receivables, inventories (other than equipment and software), long term loans, and other receivables related to rental and leasing of business facilities. Gross income for the Company includes: Long term advances received by the Company from banks and other financial institutions (the “Long Term Advances”) Long Term Advances received in connection with the development of the properties, including but not limited to the sale of real estate to finance the construction of the property Long Term Advances receivable from one (1) of the banks holding the Loan Agreement. The terms of the Long Term Advances are subject to amendment to the limited extent the Company has any interest in the Loan Agreement Long Term Advances receivable from the Company's wholly-owned subsidiaries, including the Company's wholly-owned subsidiaries listed below. Long Term Proceeds from the initial public offering of shares The initial net proceeds of the initial public offering, net of the purchase price paid by Arvada, CO in connection with the initial public offering.
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