Form Ct-605 - Claim For Ez Investment Tax Credit And Ez Employment Incentive Credit For The Financial Services Industry

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CT-605
New York State Department of Taxation and Finance
Claim for EZ Investment Tax Credit and EZ
Employment Incentive Credit for the Financial
Services Industry
All filers must enter tax period:
Tax Law — Sections 210.12-B and 210.12-C
beginning
ending
Employer identification number(s) shown on page 1 of your tax return
File this claim with your corporation franchise
Name
tax return, Form CT-3, CT-3-S, or CT-3-A.
Name of empire zone (EZ)
Schedule A — Eligibility and empire zone investment tax credit (EZ-ITC)
Part 1 — 80% current-year test
Computation of percentage of administrative and support employees
(see instructions)
in New York State for the current tax year
Current tax year
March 31
June 30
September 30 December 31
Total
Number of administrative and support
employees in New York State
1 Average number of administrative and support employees in New York State
(divide Total column above by four;
...........................................................................................
carry the result to two decimal places, but do not round)
1.
Number of administrative and
support employees everywhere
2 Average number of administrative and support employees everywhere
(divide Total column above by four; carry
...................................................................................................
the result to two decimal places, but do not round)
2.
3 Percentage of administrative and support employees in New York State
(divide line 1 by line 2; carry the result to
.....................................................................................................................
3.
%
two decimal places, but do not round)
Does the percentage on line 3 equal or exceed 80%? ............................................................................................Yes
No
If Yes, skip Schedule A, Part 2, and continue on with Schedule A, Part 3.
If No, you do not qualify using the current-year test.
Part 2 — 95% three-year back-office test
Computation of average number of administrative and
(see instructions)
support employees in New York State for the current tax year and three-year test period
Current tax year
March 31
June 30
September 30 December 31
Total
Number of administrative and support
employees in New York State
4 Average number of administrative and support employees in New York State for current tax year
..........................................................................................
(carry the result to two decimal places, but do not round)
4.
Number of administrative and
March 31
June 30
September 30 December 31
Total
support employees in New York
State during three-year test period
A. First year
B. Second year
C. Third year
D. Total number of administrative and support employees in New York State for three-year
test period
.................................................................
(add Total column lines A, B, and C)
5 Average number of administrative and support employees in New York State for three-year test period
..........................................................................................
5.
(carry the result to two decimal places, but do not round)
6 Percentage of employment for administrative and support employees in New York State
...........................................................
(divide line 4 by line 5; carry the result to two decimal places, but do not round)
%
6.
Does the percentage on line 6 equal or exceed 95%? ............................................................................................Yes
No
If Yes, continue on with Schedule A, Part 3.
If No, you do not qualify using the three-year back-office test.
46501060094

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