Form 215 - Oklahoma Minimum/maximum Franchise Tax Return Page 2

Instructions for Completing the Minimum/Maximum Franchise Tax Return

General instructions

Specific Line Instructions • continued

When to File

P P P P l l l l e e e e a a a a s s s s e e e e w w w w r r r r i i i i t t t t e e e e o o o o n n n n l l l l y y y y i i i i n n n n t t t t h h h h e e e e w w w w h h h h i i i i t t t t e e e e a a a a r r r r e e e e a a a a s s s s . . . . T T T T h h h h i i i i s s s s r r r r e e e e t t t t u u u u r r r r n n n n

The tax is due on July 1. The report and tax will be

L L L L i i i i n n n n e e e e 4 4 4 4 - - - - P P P P e e e e n n n n a a a a l l l l t t t t y y y y

m m m m u u u u s s s s t t t t b b b b e e e e l l l l e e e e g g g g i i i i b b b b l l l l e e e e a a a a n n n n d d d d s s s s u u u u i i i i t t t t a a a a b b b b l l l l e e e e f f f f o o o o r r r r m m m m i i i i c c c c r r r r o o o o f f f f i i i i l l l l m m m m i i i i n n n n g g g g . . . . P P P P l l l l e e e e a a a a s s s s e e e e

delinquent if not paid on or before August 31, and is

If this return is received after the due date, the tax is

f f f f o o o o r r r r m m m m y y y y o o o o u u u u r r r r e e e e n n n n t t t t r r r r i i i i e e e e s s s s a a a a s s s s s s s s h h h h o o o o w w w w n n n n i i i i n n n n t t t t h h h h e e e e c c c c h h h h a a a a r r r r a a a a c c c c t t t t e e e e r r r r

delinquent on September 1 of each year, or if you

subject to a penalty of 10%. Multiply the amount on

f f f f o o o o r r r r m m m m a a a a t t t t i i i i o o o o n n n n g g g g u u u u i i i i d d d d e e e e w w w w i i i i t t t t h h h h a a a a # # # # 2 2 2 2 p p p p e e e e n n n n c c c c i i i i l l l l o o o o r r r r b b b b l l l l a a a a c c c c k k k k i i i i n n n n k k k k p p p p e e e e n n n n . . . .

elected to change your filing period to be the same

Line 1 by 0.10 to determine the penalty. Enter the

as your corporate income tax, the report and tax

amount of penalty due.

will be delinquent if not paid by the fifteenth (15) day

Specific Item Instructions

of the third month following the close of the

L L L L i i i i n n n n e e e e 5 5 5 5 - - - - R R R R e e e e i i i i n n n n s s s s t t t t a a a a t t t t e e e e m m m m e e e e n n n n t t t t F F F F e e e e e e e e

• I I I I t t t t e e e e m m m m D D D D

corporate income tax year. Penalty and interest is

If the corporation has been suspended, it must be

Place an "X" in the box if you are a foreign

charged after the delinquency date. A corporation

reinstated. Enter $15.00 on Line 5.

corporation, not incorporated in Oklahoma.

may be suspended if the tax is not paid and/or

• I I I I t t t t e e e e m m m m E E E E

officer information is not provided. A reinstatement

L L L L i i i i n n n n e e e e 6 6 6 6 - - - - T T T T o o o o t t t t a a a a l l l l D D D D u u u u e e e e

Place an "X" in the box if any preprinted information

fee of $15.00 is required to return the corporation to

Add the amounts of lines 1 through 5 and enter the

is incorrect.

Make corrections in the space

good standing after it has been suspended.

total on line 6.

provided below.

• I I I I t t t t e e e e m m m m F F F F

I I I I f f f f y y y y o o o o u u u u f f f f i i i i l l l l e e e e a a a a n n n n e e e e x x x x t t t t e e e e n n n n s s s s i i i i o o o o n n n n t t t t o o o o f f f f i i i i l l l l e e e e y y y y o o o o u u u u r r r r c c c c o o o o r r r r p p p p o o o o r r r r a a a a t t t t e e e e i i i i n n n n c c c c o o o o m m m m e e e e

S S S S c c c c h h h h e e e e d d d d u u u u l l l l e e e e A A A A - - - - O O O O f f f f f f f f i i i i c c c c e e e e r r r r I I I I n n n n f f f f o o o o r r r r m m m m a a a a t t t t i i i i o o o o n n n n

Place an "X" in the box if you have not completed a

t t t t a a a a x x x x r r r r e e e e t t t t u u u u r r r r n n n n , , , , a a a a c c c c o o o o p p p p y y y y o o o o f f f f y y y y o o o o u u u u r r r r r r r r e e e e q q q q u u u u e e e e s s s s t t t t f f f f o o o o r r r r a a a a n n n n e e e e x x x x t t t t e e e e n n n n s s s s i i i i o o o o n n n n

If any preprinted officer information (Schedule A) is

year end balance sheet. You must file an estimated

m m m m u u u u s s s s t t t t a a a a c c c c c c c c o o o o m m m m p p p p a a a a n n n n y y y y y y y y o o o o u u u u r r r r e e e e s s s s t t t t i i i i m m m m a a a a t t t t e e e e d d d d f f f f r r r r a a a a n n n n c c c c h h h h i i i i s s s s e e e e t t t t a a a a x x x x

incorrect, please make the necessary changes on

return.

r r r r e e e e t t t t u u u u r r r r n n n n . . . .

Schedule A and mail with your tax return and

• I I I I t t t t e e e e m m m m G G G G

payment. Be sure to update the corporate officers'

Payment Information

If your FEIN is not preprinted, please enter your

name, address and social security number. Failure

FEIN.

To assist us in processing your return accurately

to provide this information could result in the

• I I I I t t t t e e e e m m m m H H H H

and assure proper credit to your account, please

corporation being suspended.

Enter the tax year for which you are filing a return.

send a separate check with each report submitted.

Please put your FEIN on your check.

Who Must File

Specific Line Instructions

Who to Contact for Assistance

Every corporation doing business in the state of

L L L L i i i i n n n n e e e e 1 1 1 1 - - - - T T T T a a a a x x x x

For franchise tax assistance, call the Oklahoma

Oklahoma must file an annual franchise tax return

E E E E n n n n t t t t e e e e r r r r t t t t h h h h e e e e a a a a m m m m o o o o u u u u n n n n t t t t c c c c o o o o m m m m p p p p u u u u t t t t e e e e d d d d f f f f r r r r o o o o m m m m y y y y o o o o u u u u r r r r w w w w o o o o r r r r k k k k s s s s h h h h e e e e e e e e t t t t . . . .

Tax Commission at (405) 521-3161.

and pay the franchise tax by July 1 of each year.

T T T T h h h h e e e e a a a a m m m m o o o o u u u u n n n n t t t t m m m m u u u u s s s s t t t t b b b b e e e e e e e e i i i i t t t t h h h h e e e e r r r r t t t t h h h h e e e e m m m m i i i i n n n n i i i i m m m m u u u u m m m m $ $ $ $ 1 1 1 1 0 0 0 0 . . . . 0 0 0 0 0 0 0 0 o o o o r r r r

.The report and tax will be delinquent if not paid on

m m m m a a a a x x x x i i i i m m m m u u u u m m m m $ $ $ $ 2 2 2 2 0 0 0 0 , , , , 0 0 0 0 0 0 0 0 0 0 0 0 . . . . 0 0 0 0 0 0 0 0 t t t t a a a a x x x x . . . .

Mandatory inclusion of Social Security and/or

or before August 31, or if you elected to change

Federal Employer's Identification numbers is

your filing period to be the same as your corporate

L L L L i i i i n n n n e e e e 2 2 2 2 - - - - R R R R e e e e g g g g i i i i s s s s t t t t e e e e r r r r e e e e d d d d A A A A g g g g e e e e n n n n t t t t F F F F e e e e e e e e

required on forms filed with the Oklahoma Tax

income tax, the report and tax will be delinquent if

If you are incorporated in a state other than

Commission pursuant to Title 68 of the Okla-

not paid by the fifteenth (15) day of the third month

Oklahoma, the Secretary of State of Oklahoma

homa Statutes and regulations thereunder, for

following the close of the corporate income tax

charges an annual registered agent fee of $100.00.

identification purposes, and are deemed to be part

year. The report and tax are due annually until the

If this applies to your corporation, enter $100.00 on

of the confidential files and records of the

corporation ceases under the provisions of the

line 2.

Oklahoma Tax Commission.

Oklahoma General Corporation Act. If you wish to

make an election to change your filing frequency for

Mailing Instructions

L L L L i i i i n n n n e e e e 3 3 3 3 - - - - I I I I n n n n t t t t e e e e r r r r e e e e s s s s t t t t

your next reporting period, please complete OTC

If this return is postmarked after the due date, the

Please mail your completed return, officer

Form 200F: Request to Change Franchise Tax

tax is subject to 1.25% interest per month from the

information and payment to:

Filing Period. Y Y Y Y o o o o u u u u m m m m a a a a y y y y f f f f i i i i l l l l e e e e t t t t h h h h i i i i s s s s r r r r e e e e t t t t u u u u r r r r n n n n i i i i f f f f y y y y o o o o u u u u r r r r t t t t a a a a x x x x

due date until it is paid. Multiply the amount on Line 1

l l l l i i i i a a a a b b b b i i i i l l l l i i i i t t t t y y y y i i i i s s s s t t t t h h h h e e e e m m m m i i i i n n n n i i i i m m m m u u u u m m m m o o o o f f f f $ $ $ $ 1 1 1 1 0 0 0 0 . . . . 0 0 0 0 0 0 0 0 o o o o r r r r t t t t h h h h e e e e m m m m a a a a x x x x i i i i m m m m u u u u m m m m o o o o f f f f

by .0125 for each month the report is late. Enter the

O O O O k k k k l l l l a a a a h h h h o o o o m m m m a a a a T T T T a a a a x x x x C C C C o o o o m m m m m m m m i i i i s s s s s s s s i i i i o o o o n n n n

$ $ $ $ 2 2 2 2 0 0 0 0 , , , , 0 0 0 0 0 0 0 0 0 0 0 0 . . . . 0 0 0 0 0 0 0 0 . . . . I I I I f f f f y y y y o o o o u u u u d d d d o o o o n n n n o o o o t t t t q q q q u u u u a a a a l l l l i i i i f f f f y y y y t t t t o o o o f f f f i i i i l l l l e e e e t t t t h h h h i i i i s s s s f f f f o o o o r r r r m m m m c c c c a a a a l l l l l l l l

amount of interest due.

F F F F r r r r a a a a n n n n c c c c h h h h i i i i s s s s e e e e T T T T a a a a x x x x

t t t t h h h h e e e e O O O O T T T T C C C C a a a a t t t t ( ( ( ( 4 4 4 4 0 0 0 0 5 5 5 5 ) ) ) ) 5 5 5 5 2 2 2 2 1 1 1 1 - - - - 3 3 3 3 2 2 2 2 7 7 7 7 9 9 9 9 f f f f o o o o r r r r t t t t h h h h e e e e c c c c o o o o r r r r r r r r e e e e c c c c t t t t f f f f o o o o r r r r m m m m . . . .

P P P P . . . . O O O O . . . . B B B B o o o o x x x x 2 2 2 2 6 6 6 6 9 9 9 9 3 3 3 3 0 0 0 0

O O O O k k k k l l l l a a a a h h h h o o o o m m m m a a a a C C C C i i i i t t t t y y y y , , , , O O O O K K K K 7 7 7 7 3 3 3 3 1 1 1 1 2 2 2 2 6 6 6 6 - - - - 0 0 0 0 9 9 9 9 3 3 3 3 0 0 0 0

The Oklahoma Tax Commission is not required to give actual notice of changes in any state tax law.

Changes in pre-printed information:

If you checked Box E., indicate the changes only below.

Name

Address

City

State

Zip Code