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If a taxpayer is going out of business or ceasing to exist, must it file a final return with the Department of Revenue?

April 26, 2017Business ceasing Department exist file final going Return revenue taxpayer

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If a taxpayer is going out of business or ceasing to exist, must it file a final return with the Department of Revenue?

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Yes, a final return is required of any taxpayer ceasing to do business in the State. There will be a final return box to check on the return.