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Real Estate and Rental and Leasing, DC Economic Census Census Form
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People also ask
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What is the Economic Census program?
The Economic Census is the official five-year measure of businesses in the United States providing comprehensive statistics at the national, state, and local levels. It serves as the benchmark for current economic activity, such as the Gross Domestic Product and Producer Price Index.
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Do you legally have to respond to the census?
If you are living in the United States, you are legally required to respond to the U.S. Census and could be subject to a fine or limited prison term for non-compliance or false answers. However, the U.S. Census Bureau is not a prosecuting agency; and failure to provide information is unlikely to result in a fine.
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What is the Naics code 53?
53 Real Estate and Rental and LeasingT This sector also includes establishments primarily engaged in managing real estate for others, selling, renting, and/or buying real estate for others, and appraising real estate.
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Do I really have to complete the Economic Census?
Yes. Response is required by law. Title 13, United States Code, Sections, 131 and 182 authorizes the survey and requires businesses and other organizations that receive this questionnaire to answer the questions and return the report to the U.S. Census Bureau.
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Is the U.S. Economic Census mandatory?
Is the survey mandatory? Yes. Response is required by law.
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How often does the Economic Census come out?
The Economic Census occurs every 5 years and measures all businesses and provides the most COMPREHENSIVE data available.
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What happens if you don't do the Economic Census?
The census law (Title 13, United States Code, Section 224), coupled with the Sentencing Reform Act of 1984 (Title 18, Sections 3551, 3559, and 3571), allow for possible prosecution of responsible officials and provides for penalties of up to $5,000 for failure to report (and a response is still required), and $10,000 ...
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What happens if you don't fill out the census?
The final population tally is used to divvy up more than $675 billion annually to states for all sorts of programs. By census law, refusal to answer all or part of the census carries a $100 fine. The penalty goes up to $500 for giving false answers.
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