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Chicago Illinois Form Instructions 7004: What You Should Know
A Foreign Bank account is any account maintained by a corporation which is located outside the United States. Corporation — Income and Replacement Taxes — Illinois.gov The Illinois Income Tax is imposed on every corporation earning or receiving money by any method, includible income, including, to the extent not excluded by law, dividends, interest, and rents from any bonds or notes issued by it, all rents from any buildings held by it, and all earnings or profits derived from any business activity of the corporation; and all interest or capital gains from the sale, exchange, pledge, or transfer of those securities. Corporation Income Tax, Notice to Connecticut Corporation The corporation must file the corporation's Internal Revenue Service Form 1120-N with respect to all net profits attributable to such business. Such returns must be filed in the same month as the payment (monthly reporting must be filed within 30 days of the due date for such a return). Form 7004 — IRS Receipt.
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