Form 60 - S Corporation Income Tax Return - 2006 Page 2
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5North Dakota Office of State Tax Commissioner
2006 Form 60, page 2
Schedule FACT
Calculation of North Dakota apportionment factor
IMPORTANT: All corporations must complete the applicable portions of this schedule as follows:
100% ND corporation: If the corporation conducts all of its business within North Dakota, skip lines 1 through 13,
and enter 1.000000 on line 14.
Multistate corporation: If the corporation conducts its business within and without North Dakota, complete
lines 1 through 14 of this schedule. However, if all shareholders consist of only North Dakota resident
individuals, estates, and trusts, skip lines 1 through 13, enter 1.000000 on line 14, and check this box
Column 2
Column 3
Column 1
Property factor
North Dakota
Factor
Total
Average value at original cost of real and tangible
(Col. 2 ÷ Col. 1)
personal property used in the business.
Result must be
carried to six
1
1
Inventories
decimal places
2
2
Buildings and other fixed depreciable assets
3
3
Depletable assets
4
4
Land
5
5
Other assets (Attach schedule)
6
6
Rented property (Annual rental multiplied by 8)
7
7
Total property (Add lines 1 through 6)
Payroll factor
8
Wages, salaries, commissions and other compensation of
employees reported on Federal Form 1120S (If the amount
in Column 2 does not agree with the compensation reported
for North Dakota unemployment insurance purposes,
8
attach an explanation)
Sales factor
9
Gross receipts or sales, less returns and allowances
9
(from Federal Form 1120S, page 1, line 1c)
10
10
Sales delivered or shipped to North Dakota destinations
11a
11 a
Sales shipped from North Dakota to the U.S. Government
b
Sales shipped from North Dakota to purchasers in a state or foreign country
11b
where the corporation does not have a filing requirement
12
12
Total sales. Add lines 9 through 11b
13
13
Sum of factors. Add lines 7, 8, and 12 in Column 3
14 Apportionment factor
Divide line 13 by 3.0; however, if line 7, 8, or 12 of Column 1 is zero, divide
14
line 13 by the number of factors (on lines 7, 8, and 12) showing an amount greater than zero in Column 1
Schedule BG
Tax on excess passive income and built-in gains
1
1
Excess net passive income subject to federal tax on Federal Form 1120S
2
2
Built-in gains subject to federal tax on Federal Form 1120S, Schedule D
3
3
Add lines 1 and 2
4
4
Apportionment factor from Schedule FACT, line 14
5
5
North Dakota apportioned income. Multiply line 3 by line 4
6
6
North Dakota NOL deduction from worksheet in instructions (Attach worksheet)
7
7
North Dakota taxable income. Subtract line 6 from line 5
8
8
Tax from 2006 Corporation Tax Rate Schedule in instructions. Enter on Form 60, page 1, line 1
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