Form Ar1100ct - 1999 Corporation Income Tax Return Page 2

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SCHEDULE A - Worksheet for Apportionment of Multistate Corporation
A. INCOME TO APPORTION:
1. Income per Federal Return: (Federal Form 1120, Line 28)..................................................................................................................
00
2. Add Adjustments: (Submit schedule). ..........................................................................................
00
3. Deduct Adjustments: (Submit schedule). .....................................................................................
00
4. TOTAL APPORTIONABLE INCOME:.....................................................................................................................................................
00
Note: Total expenses shall be reduced for expenses of earning income not taxable in Arkansas (including non-business income allocated to other states). See page 7 for instructions.
B.APPORTIONMENT FACTOR:
)
(A)
(B)
(C
÷
1. Property Used in Business
Amounts in Arkansas
Total Amounts
Percentage (A)
(B)
a.
Tangible Assets Used in Business and Inventories
Less Construction in Progress
1. Amount Beginning of Year:.........................................
00
00
(Calculate to 6 places to
2. Amount End of Year: ..................................................
00
00
the right of the decimal.
3. Total: (Add Lines a1 and a2). . ...................................
00
00
Fill in all spaces.)
4. Average Tangible Assets: (Line 3 ÷ 2). ......................
00
00
b.
Rental Property: ................................................................
00
00
9 9 9 . 9 9 9 9 9 9
%
c.
Average Value of Intangible Property:
(EXAMPLE)
........
00
00
(For Financial Institutions Only) (Submit schedule).
d.
TOTAL PROPERTY: (Add Lines a4, b, and c). ...............
00
00
%
2. Salaries, Wages, Commissions and Other Compensation
Related to the Production of Business Income
a.
TOTAL: ..........................................................................
00
00
%
3. Sales / Receipts:
a.
Destination Shipped From Within Arkansas: ...................
00
b.
Destination Shipped From Without Arkansas: .................
00
c.
Origin Shipped From Within Arkansas to U.S. Government:
00
d.
Origin Shipped From Within Arkansas to
Other Non-taxable Jurisdictions: .....................................
00
e.
Other Gross Receipts: (Submit schedule). .......................
00
f.
TOTAL SALES / RECEIPTS:
(Add Lines 3a through 3e). ...........................................
00
00
%
g.
DOUBLE WEIGHTED:
(Applies to tax years beginning on or after 1/1/95).
(Financial Institutions must use Single Weighted Factor). (Column C, Line 3f x 2). ................................................................
%
4. Sum of Percentages: (Single Weighting: Add Column C, Lines 1d, 2a and 3f).
Sum of Percentages:
(Double Weighting: Add Column C, Lines 1d, 2a and 3g). .............................................................................
%
* 5. Percentage Attributable to Arkansas:.................Line 4
Divided By *
=
%
* For Part B, Line 5, Divide Line 4 by number of entries other than zero which you make on Part B, Column B, Lines (1d), (2a), and (3f).
Note:
An entry other than zero in Part B, Column B, Line (3f), counts as two (2) entries unless using Single Weighted Factor.
C. ARKANSAS TAXABLE INCOME:
1. Income Apportioned to Arkansas: (Part A, Line 4) x (Part B, Line 5) .................................................................................................
00
2. Add: Direct Income Allocated to Arkansas. (Submit schedule) ..........................................................................................................
00
3. Less: Apportioned NOL to Arkansas. (See NOL Instructions, page 7)................................................................................................
00
4. TOTAL INCOME TAXABLE TO ARKANSAS: (Enter here and on Line 33, page 1). .............................................................................
00
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules, statements and documents, and to the best of my knowledge and belief, it
is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
SIGNATURE OF OFFICER
DATE
TITLE
OFFICE USE ONLY
A
PREPARER’S SIGNATURE
DATE
PREPARER’S FEIN
B
C
D
AREA CODE AND TELEPHONE NUMBER OF PREPARER
E
F
Mail completed form to: Corporation Income Tax, P. O. Box 919, Little Rock, AR 72203-0919

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