Instructions For Completing The Florida Communications Services Tax Return (Form Dr-700016)

DR-700016N

R. 06/07

Page 24

Penalty and Interest Calculation

Column T - Interest. Add the totals of Columns K and Q and

enter the result here.

Penalty and interest are due on all adjustments which result in

Column U - Total adjustments. Add Columns R, S, and T and

additional tax due, except corrections of state or local tax situsing

enter the result in Column U and on Page 1, Line 10 of the

errors (revenue reported in the wrong jurisdiction). If you are

using the DOR database, a database certified by DOR, or a ZIP+4

return. Report negative amounts in parentheses (amount).

database in compliance with s. 202.22, F.S., you will be held

Schedule V

harmless for tax, penalty, and interest that would have accrued

otherwise as a result of the additional tax due on transfers

Multistate Credits

between jurisdictions. If you do not use a database as specified

in the previous sentence you will not be held harmless and the

Who may complete this schedule?

additional tax due from the transfer to the jurisdiction with the

Upon proof that you have paid a communications services

higher tax rate will be due, along with penalty and interest.

tax legally imposed on a provider by another state or local

Column J - Penalty. See “Penalty for late payments” on

jurisdiction, you may take a credit against the Florida

Page 19 for information on calculating the penalty due.

communications services tax imposed on the provider for the

same services not to exceed your Florida tax liability in the

Column K - Interest. See “Interest on late payments” on

relevant local jurisdiction for the current filing period. Any credit

Page 19 for information on calculating the interest due.

amount exceeding the current month’s tax liability must be

Gross Receipts Calculation

claimed on a subsequent return. All providers, except direct-

to-home satellite service providers, must complete Columns A

Column L - Change in reported taxable sales. Enter the net

through F. Direct-to-home satellite service providers must

complete only Column G.

change in taxable sales. The net change in taxable sales may

include a reduction for eligible bad debts. Report negative

Note: Proof of communications services tax legally imposed

amounts in parentheses (amount).

on the provider by another state must be submitted at the time

Column M - Rate. Enter the appropriate gross receipts rate.

the credit is claimed. Copies of supporting documents should

be included with your return or can be faxed to 850-414-5733.

Column N - Collection allowance adjustment. Collection

Failure to submit proof will result in the denial of the credit

allowance adjustments are required for all transactions that

claimed.

result in a decrease in taxable sales. If the original filing was

Column A - Local jurisdiction. Enter the county(ies) or

not eligible for a collection allowance or if this schedule is

being used to report only an increase in taxable sales for

municipality(ies) for which multistate credits apply.

a prior applied period, this section does not apply Enter 0

Columns B and C - Applied period. Enter the month, day, and

(zero) in Column N.

year for the beginning and ending dates of the original filing

If Column F (change in reported taxable sales), is a decrease

period for which the credit applies in the row corresponding

(negative number), the collection allowance must be

to the appropriate local jurisdiction(s). Separate entries are

recouped by one of the following methods. The result should

required for each applied period.

be entered as a positive number in Column N.

Local Tax Credits

• If you are using the DOR database, a database certified

by DOR, or a ZIP+4 database in compliance with

Column D - Multistate credits. Enter the amount of the

s. 202.22, F.S., multiply .0075 by the tax collected and/or

eligible multistate credit in each jurisdiction. Report negative

accrued for sales being decreased in Column F.

amounts in parentheses (amount).

• If you are not using the DOR database, a database

State Tax Credits

certified by DOR, or a ZIP+4 database in compliance with

s. 202.22, F.S., multiply .0025 by the tax collected and/or

Column E - Multistate credits. Enter the amount of the eligible

accrued for sales being decreased in Column F.

multistate credits in each county. Report negative amounts in

parentheses (amount).

Column O - Adjustment amount. Subtract Column N from

the tax accrued on the transactions reported in Column

Gross Receipts Credits

L and enter the result here. Report negative amounts in

parentheses (amount).

Column F - Multistate credits. Enter the amount of the eligible

multistate credit. Report negative amounts in parentheses

Column P - Penalty. See “Penalty for late payments” on

(amount).

Page 19 for information on calculating the penalty due.

Direct-to-Home Satellite

Column Q - Interest. See “Interest on late payments” on

Page 19 for information on calculating the interest due.

Column G - Multistate credits. Enter the amount of the eligible

multistate credit. Report negative amounts in parentheses

Column R - Net tax adjustments. Add the totals of Columns E,

(amount).

I, and O and enter the result here. Report negative amounts

in parentheses (amount).

Column H - Total credits. Add the totals of Columns D through

Column S - Penalty. Add the totals of Columns J and P and

G and enter the result here and on Page 1, Line 11 of the

return.

enter the result here.

Instructions For Completing The Florida Communications Services Tax Return (Form Dr-700016) - 2007 Page 7

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