Emlynn

Do Corporations Have to File an Annual Report in Oklahoma?

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Annual Reporting Requirements in Oklahoma The state of Oklahoma requires all corporations, nonprofits, LLCs, and LPs to file returns or certificates annually. Requirements depend on the business structure. Corporations are not required to file an annual report but have other obligations based on capital. Some ongoing requirements exist for professional corporations. Out-of-state professionals can practice … Read more

Who Pays Business Tax in TN?

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Overview of Taxes in Tennessee Businesses in Tennessee are subject to franchise tax, excise tax, business tax, and sales tax. Certain small businesses may be exempt. Register through the Department of Revenue. Tennessee Business Taxes Sole proprietors and partnerships are exempt from business tax. LLCs, corporations, and limited partnerships pay franchise and excise taxes. Franchise … Read more

Who Owns the Largest Farm in the World?

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Largest Farm Ownership The largest farm in the world is in Heilongjiang, China, owned by Zhongding Dairy Farming and Severny Bur. It spans 22,500,000 acres and produces about 800 million liters of milk per year. The second largest farm is the Mudanjiang City Mega Farm in China, covering 9 million hectares and containing 100,000 dairy … Read more

Is a Vat Bigger Than a Barrel?

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Definition of Barrel and Vat A barrel is a round vessel or cask, of greater length than breadth, and bulging in the middle, made of staves bound with hoops, and having flat ends or heads. A vat is a term that refers to a large container or vessel used for holding or storing liquids, typically … Read more