California Form 100-We - Water'S-Edge Election

YEAR

CALIFORNIA FORM

2006

Water’s-Edge Election

100-WE

Sign Form 100-WE and attach to the back of Form 100W or Form 100S. Keep a copy for your records.

Corporation name

Key California corporation number

Address including Suite, Room, or PMB no..

City

State

ZIP Code

WATER’S-EDGE ELECTION

The electing corporation, ____________________________, elects to file on a water’s-edge basis pursuant to Revenue and Taxation

Code (R&TC) Sections 25110 and 25113.

Check here if the common parent is electing on behalf of the water’s-edge group. List each corporation covered by this election

below. As the common parent of a controlled group, the corporation hereby elects for all members of the controlled group that are

includable in the water’s-edge combined report.

MONTH

DAY

YEAR

PERIOD:

The election shall begin on _______________________________, the first day of the taxable year for which the election

can be made and shall, except as otherwise provided by statute or herein, continue for seven years (84 calendar months)

from that date. The election shall remain in effect until terminated.

TERMINATION: The election may be terminated in accordance with the rules provided by R&TC Section 25113.

________________________________________________

__________________________________________________

Electing Corporation Name/Electing Corporation Number

Signature of Officer of Electing Corporation

___________________

__________________________________________________

Date

Print or type name and title of signing Officer

Corporations Covered by the Water’s-Edge Election

Key California corporation name

Key California corporation number

Common parent name

FEIN (if applicable)

List of corporations covered by the election

California corporation number

For definition of a Key Corporation, see FTB Pub. 1061, Guidelines for Corporations Filing a Combined Report. Attach additional sheets if necessary.

Instructions

single return is filed on a combined basis. For

water’s-edge combined group that has different

more information, see R&TC Section 25113.

fiscal-year ends, the election beginning date

Enter the corporation name, California

List all taxpayers covered by the common

is the beginning date of the taxable year of

Corporation number, federal employer

parent’s election on this page. An election

the last member of the group to file its return

identification number (FEIN), if applicable,

made on a group return of a self-assessed

and make the election. For example, if one

and address as they appear on Form 100W.

combined reporting group shall constitute an

member of the water’s-edge group has a

Enter the name of the corporation making the

election by each taxpayer member included in

January 1, 2006 to December 31, 2006 taxable

election in the space provided described as

that group return.

year and the second member has an April 1,

electing corporation.

2006 to March 31, 2007 taxable year, the

Enter the beginning date of the water’s-edge

Be sure to check the box if a common parent is

beginning date of this water’s-edge election is

election in the space provided. This date is

electing on behalf of members of the controlled

April 1, 2006.

generally the same as the beginning date

group included in the water’s-edge combined

for the taxable year that appears on Form

An officer of the electing corporation must sign

report. If there is no common parent election,

100W or Form 100S for the first year of the

and date the election.

each electing member of the water’s-edge

election. If the corporation is a member of a

group should file its own election, even if a

Form 100-WE

2006

613

7001064

California Form 100-We - Water'S-Edge Election - 2006

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