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

YEAR

CALIFORNIA FORM

2005

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 (Number and street or PO Box)

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.

If the corporation is a member of a

water’s-edge group should file its own

Instructions

water’s-edge combined group that has

election, even if a single return is filed on a

Enter the corporation name, California

different fiscal-year ends, the election

combined basis. For more information, see

Corporation number, federal employer

beginning date is the beginning date of the

R&TC Section 25113. List all taxpayers

identification number (FEIN), if applicable,

taxable year of the last member of the group

covered by the common parent’s election on

and address as they appear on Form 100W.

to file its return and make the election. For

this page. An election made on a group return

Enter the name of the corporation making the

example, if one member of the water’s-edge

of a self-assessed combined reporting group

election in the space provided described as

group has a January 1, 2005 to

shall constitute an election by each taxpayer

electing corporation.

December 31, 2005 taxable year and the

member included in that group return.

second member has an April 1, 2005 to

Be sure to check the box if a common parent

Enter the beginning date of the water’s-edge

March 31, 2006 taxable year, the beginning

is electing on behalf of members of the

election in the space provided. This date is

date of this water’s-edge election is

controlled group included in the water’s-edge

generally the same as the beginning date for

April 1, 2005.

combined report. If there is no common

the taxable year that appears on Form 100W

parent election, each electing member of the

An officer of the electing corporation must sign

or Form 100S for the first year of the election.

and date the election.

100WE05103

Form 100-WE

2005

California Form 100-We - Water'S-Edge Election - 2005

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