Form Sp-2007 Draft - Combined Report Form For Individuals Multnomah County Business Income Tax City Of Portland Business License

ADVERTISEMENT

COMBINED REPORT FORM FOR INDIVIDUALS
FORM
MULTNOMAH COUNTY BUSINESS INCOME TAX
CITY OF PORTLAND BUSINESS LICENSE
SP-2007
Taxable Year ____/____/____ to ____/____/____
th
th
DUE DATE:15
day of the 4
month following the taxable year end
(April 15 for calendar year filers)
Name/Mailing Address:
Account #:
Amended Return?
Ceased Portland/Multnomah Business?
(attach explanation)
Social Security #_______________________ and FEIN # _______________________
b
Please
if address change:
Federal Business Code ______________
Please notify Bureau if your business location changes
SOLE PROPRIETORSHIP
, 1 MEMBER LLC
, JT. VENT./TENANTS-IN-COMMON
(Check all that apply)
Multnomah County Tax
City of Portland License
1. Net Income or (Loss) from Federal Schedule C (attach Schedule C) _____________________
____________________
2. Multnomah County Business Income Tax Add Back
_____________________
____________________
3. Net Income or (Loss) from Federal Schedule E, D (attach Schedule)_____________________
____________________
4. Total ½ SE tax and Oregon modifications
_____________________
____________________
5. Adjusted Net Income (total lines 1, 2, 3 and 4)
_____________________
____________________
6. Compensation Allowance Deduction (Owners___--see instructions)(_____________________)
(____________________)
7. Subject Net Income (line 5 minus line 6)
_____________________
____________________
Multnomah County Business Income Tax
Average Sum of Multnomah Employees in 2007
8. County Gross Income =
____________________________ =______________.______
Total Gross Income
9. County Apportioned Net Income (line 7 x line 8)
____________________
10. Net Operating Loss Deduction (max 75% of line 9)
(___________________)
11. Income Subject to Tax (line 9 minus line 10)
____________________
12. Tax (line 11 x tax rate of 1.45%)
____________________
13. Prepayments
(___________________)
14. Penalty
____________________
15. Interest
____________________
16. Balance Due or (Overpayment)
_____________________
17. Refund _______________ Credit _________________ Transfer to Portland ______________
City of Portland Business License Fee
Average Sum of Portland Employees in 2007
18. Portland Gross Income = ____________________________ =______________.______
Total Gross Income
19. Portland Apportioned Net Income (line 7 x line 18)
____________________
20. Net Operating Loss Deduction (max 75% of line 19)
(___________________)
21. Income Subject to Fee (line 19 minus line 20)
____________________
22. Fee (line 21 x rate of 2.2%) MINIMUM $100
____________________
a. Application Year Adjustment Fee (see instructions)
____________________
b. Temporary Rate Increase (line 21 x .1% or .001)
____________________
23. Prepayments
(___________________)
24. Penalty
____________________
25. Interest
____________________
26. Balance Due or (Overpayment)
______________________
27. Refund _______________ Credit ________________ Transfer to Multnomah _____________
Donation to “Work for Art” Program
_____________________
28. Combined Amount Due with Report (total lines 16 and 26) Check # ____________
_____________________
Make check payable to City of Portland, 111 SW Columbia St., Suite #600, Portland, OR 97201-5840.
The undersigned declares that the information given on this report is true. The undersigned is authorized to act as a representative of the filer.
Signature of Filer _______________________________________________________ Filer’s Daytime Telephone (
)___________________
Signature of Preparer _______________________________________________________ Date _________________________________________
Preparer’s Name/Address ___________________________________________________ Telephone (
) _______________________________
REVENUE BUREAU (503) 823-5157
FAX (503) 823-5192
TDD (503) 823-6868
Rev. 10/18/07 (DRAFT)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 2