Instructions For Form Nyc-Uxrb 2006 (Page 2 of 2) in pdf

Form NYC-UXRB

Page 2

SCHEDULE B

each month or partial month the payment is late up to 25%,

Enter all other income in Schedule B, page 2.

unless the failure is due to reasonable cause.

d) The total of the additional charges in a) and c) may not exceed

UTILITY

5% for any one month except as provided for in b).

Every person subject to the supervision of the Department of

e) Additional penalties may be imposed on any underpayment of

Public Service of the State of New York. Effective for tax periods

the tax.

beginning on and after August 1, 2002, entities that receive eighty

percent or more of their gross receipts from charges for the provi-

If you claim not to be liable for these additional charges, a state-

sion of mobile telecommunications services to customers will be

ment in support of your claim should be attached to the return.

taxed as if they were subject to the supervision of the Department

of Public Service of the State of New York and will not be consid-

SIGNATURE

ered vendors of utility services.

This report must be signed by an officer authorized to certify that

the statements contained herein are true. If the taxpayer is a part-

IMPOSITION/BASIS/RATE OF TAX

nership or another unincorporated entity, this return must be

The tax is imposed on every utility for the privilege of exercising a

signed by a person duly authorized to act on behalf of the taxpayer.

franchise or franchises, holding property or doing business in New

York City.

FILING A RETURN AND PAYMENT OF TAX

Returns are due on or before the 25th day of each month, if filing

A utility is taxable on gross income as defined above. The chart

on a monthly basis, covering gross income for the preceeding cal-

below provides the rates.

endar month. However, if the tax liability is less than $100,000 for

the preceeding calendar year, determined on an annual or annual-

CLASS

RATE

ized basis, returns are due for the current tax year on a semi-annu-

al basis on or before July 25th and January 25th covering a six-

Omnibus operators subject to Department of Public

Service supervision

.........................................................

1.17% of gross income

month tax period of January-June and July-December, respectively.

Limited fare omnibus operators - commuter service only 00.1% of gross income

Payment must be made in U.S. dollars, drawn on a U.S. bank.

Railroads

..........................................................................

3.52% of gross income

Checks drawn on foreign banks will be rejected and returned.

All other utilities

2.35% of gross income

...............................................................

Make remittance payable to the order of: NYC DEPARTMENT OF

FINANCE

Lines 19, 20 and 21

Multiply the amount on line 18 by the rate given on line 19, 20 or

Preparer Authorization: If you want to allow the Department of

21, whichever is appropriate.

Finance to discuss your return with the paid preparer who signed

it, you must check the "yes" box in the signature area of the

Line 23 - Sales and Compensating Use Tax refunds

return. This authorization applies only to the individual whose sig-

If you received a refund in the current period of any sales and use

nature appears in the "Preparer's Use Only" section of your return.

taxes for which you claimed a credit in a prior period, enter the

It does not apply to the firm, if any, shown in that section. By

amount of such refund on line 23.

checking the "Yes" box, you are authorizing the Department of

Finance to call the preparer to answer any questions that may arise

Line 25a – Credits from form NYC-9.5UTX

during the processing of your return. You are also authorizing the

Enter on this line the credit against the Utility Tax for the reloca-

preparer to:

tion and employment assistance program. (Attach Form NYC-

9.5UTX.)

Give the Department any information missing from your

return,

Line 25b – Credits from form NYC-9.8UTX

Enter on this line the credit against the General Corporation Tax

Call the Department for information about the processing of

for the new Lower Manhattan relocation and employment assis-

your return or the status of your refund or payment(s), and

tance program. (Attach Form NYC-9.8.UTX)

Respond to certain notices that you have shared with the

INTEREST

preparer about math errors, offsets, and return preparation.

If the tax is not paid on or before the due date, interest must be

The notices will not be sent to the preparer.

paid on the amount of the underpayment from the due date to the

You are not authorizing the preparer to receive any refund

date paid. For information as to the applicable rate of interest, visit

check, bind you to anything (including any additional tax liability),

Finance’s website at nyc.gov/finance or call Customer Assistance

or otherwise represent you before the Department. The authoriza-

at: (212) 504-4036. Interest amounting to less than $1 need not be

tion cannot be revoked, however, the authorization will automati-

paid.

cally expire no later than the due date (without regard to any

extensions) for filing next year's return. Failure to check the

PENALTIES

box will be deemed a denial of authority.

a) If you fail to file a return when due, add to the tax (less any pay-

ments made on or before the due date or any credits claimed

MAIL REMITTANCE AND RETURN TO:

on the return) 5% for each month or partial month the form is

late, up to 25%, unless the failure is due to reasonable cause.

NYC DEPARTMENT OF FINANCE

P. O. BOX 5110

b) If this form is filed more than 60 days late, the above late filing

KINGSTON, NY 12402-5110

penalty cannot be less than the lesser of (1) $100 or (2) 100% of

the amount required to be shown on the form (less any payments

made by the due date or credits claimed on the return).

, this return must be filed

O AVOID THE IMPOSITION OF PENALTIES

with your remittance in full for the amount of the tax postmarked

c) If you fail to pay the tax shown on the return by the prescribed

within 25 days after the end of the period covered by the return.

filing date, add to the tax (less any payments made) 1/2% for

2006

NYC-UXRB

Instructions For Form Nyc-Uxrb 2006 Page 2

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