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CT-240-I (10/04) (back)

Schedule A — Foreign corporations (including

Line 13 — Enter the amount from Form CT-3, line 39, or add the

amounts from Form CT-3-S-ATT, lines 41 and 42, and enter the

S corporations and corporations included in a combined

total, whichever is applicable.

return) taxable under Tax Law, Article 9-A

Line 14 — Enter the amount from Form CT-3-ATT, line 29, or

Add the allocated New York State business capital, allocated

Form CT-3-S-ATT, line 43, whichever is applicable.

New York State investment capital, and the allocated New York

State subsidiary capital, then divide the result by total capital.

Line 16 — Enter the amount from Form CT-3, line 32, or

Form CT-3-S-ATT, line 36, whichever is applicable.

Example:

Allocated NYS capital

Capital everywhere

Business capital

$750,000

$1,000,000

Schedule B — Foreign corporations taxable under

Tax Law, Article 9

Investment capital

5,000

50,000

Subsidiary capital

100,000

Compute your license fee allocation percentage by dividing assets

employed in New York State by total assets. Do not include cash or

$855,000

$1,150,000

U.S. obligations as part of assets.

License fee allocation percentage: 74.3478% (855,000 ÷ 1,150,000)

Schedule C — Foreign corporations taxable under

Combined filers: If you file Form CT-3-A, General Business

Tax Law, Article 32

Corporation Combined Franchise Tax Return, calculate your

Add together business capital and subsidiary capital allocated to

allocated business and investment capital and total capital, as if

New York State and divide the result by total capital. Foreign

you were filing on a separate basis, on Form CT-3, General

corporations taxable under section 1452(a)(9), and foreign bank

Business Corporation Franchise Tax Return, and your allocated

holding companies included in a combined return under

subsidiary capital on Form CT-3-ATT, Schedules B, C, and D —

section 1462(f), are required to compute the license fee allocation

Attachment to Form CT-3 . If you file Form CT-3-S-A, New York

in the same manner as the issuer’s allocation percentage. The

S Corporation Combined Franchise Tax Return, calculate these

computation of the issuer’s allocation percentage is described in

capital items, as if you were filing on a separate basis, on

the instructions for Form CT-32, Banking Corporation Franchise

Form CT-3-S-ATT, Schedules A, B, C, D, and E — Attachment to

Tax Return.

Form CT-3-S .

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Instructions For Form Ct-240 - Foreign Corporation License Fee Return - New York State Department Of Taxation And Finance Page 2

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