Hello everyone James Baker here and I've been getting a ton of emails and messages about this silly be12 um direct investment survey and I have it here there's it's a benchmark survey and I'm on the website and when there's a foreign owned company the the Department of Commerce they have this Bureau of economic activity they have these surveys that are required for foreign owned companies to learn about direct investment in the United States interestingly enough most of the people who subscribe to my channel who I work with and my clients aren't investing heavily in the United States the more they're using U.S companies to operate their businesses and a lot of the thresholds you can be exempt from all of this if you um do this be 13 form which I'm learning about now because it's not really a tax form at all it's this Department of Commerce form and um if you file this you can be kind of exempt with this but the reason I'm making this video is to show you how to file it going forward because I know a lot of people are setting up their foreign companies and this is really important something you need to do within 45 days of setting up your new company and it's the um the be13 to exempt yourself from all this madness there's no tax if you haven't filed it there's no um you know there's no tax if you do file it there's no taxes all informational stuff and but there are certain threats of penalties associated with these different forms but if you're a foreign person you open an LLC a new thing that I'm kind of learning getting into is this be 13 form that needs to be filed...
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About Rta Form 13
RTA Form 13 is a legal document used in some jurisdictions in Australia, specifically in New South Wales, for reporting motor vehicle accidents to the Roads and Traffic Authority (RTA). However, it is important to note that the RTA in New South Wales has been replaced by the Roads and Maritime Service (RMS), and the form is now referred to as the RMS Form. This form is required to be filled out by all parties involved in a motor vehicle accident that resulted in property damage, injury, or death. It is used to gather essential information relating to the accident such as the date, time, location, and circumstances of the incident. The form also includes sections to include details of the vehicles involved, the extent of damages sustained, and information about the drivers and passengers. The form must be completed and provided to the relevant authorities within 28 days of the accident. It is crucial to accurately and honestly fill out the form as it serves as an important record for insurance claims and legal matters. It is important to check with the local transportation authorities or legal professionals in your specific jurisdiction to confirm whether the RTA Form 13 or a similar document is required for reporting accidents and determining reporting deadlines.
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