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CT-603

New York State Department of Taxation and Finance

Claim for EZ Investment Tax Credit and

EZ Employment Incentive Credit

Tax Law — Sections 187-k, 187-l, 210.12-B, 210.12-C, 606(j), and 606(j-1)

All filers must enter tax period:

beginning

ending

Employer identification number (EIN) shown on the front page of your tax return

File this claim with your corporation franchise

tax return, Form CT-3, CT-3-S, CT-3-A, or

Name (as shown on return)

CT-185. See Form CT-603-I, Instructions for

Form CT-603, for assistance in completing

Name of empire zone (EZ)

this form.

Schedule A

Part 1 — Computation of EZ investment tax credit (EZ-ITC)

1 EZ-ITC from line 26a or 26b

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

(S corporations, see instructions)

2 Unused EZ-ITC from preceding period . .....................................................................................................

3 Total

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

(add lines 1 and 2)

4 Recapture of EZ-ITCs taken in previous periods from line 31

.....

(New York S corporations, see instructions)

5 Net EZ-ITC or addback

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

(see instructions)

Part 2 — Computation of EZ employment incentive credit (EZ-EIC)

6 EZ-EIC from line 27

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

(S corporations, see instructions)

7 Unused EZ-EIC from preceding period .....................................................................................................

8 Total

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

(add lines 6 and 7)

9 Recapture of EZ-EICs taken in previous periods from line 29

.....

(New York S corporations, see instructions)

10 Net EZ-EIC or addback

. ................................................................................................... 10.

(see instructions)

Schedule B

Part 1 — Computation of EZ-EIC and EZ-ITC used

(New York C corporations only)

EZ-EIC

EZ-ITC

11 Franchise tax from Form CT-3, line 78, CT-3-A, line 77, or CT-185, line 6

minus all credits claimed before the EZ-EIC (column A) or before the

........................................................... 11.

EZ-ITC (column B)

(see instructions)

12 Enter in column B the higher of the tax on the minimum taxable income

base

or the fixed dollar minimum tax

(from Form CT-3 or CT-3-A, line 71)

............................... 12.

(from Form CT-3 or CT-3-A, line 74d; CT-185 filers enter 10)

13 Enter in column A the fixed dollar minimum tax

(from Form CT-3 or CT-3-A, line 74d;

13.

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

CT-185 filers enter 10)

14 EZ credit limitation

(column A: subtract line 13 from line 11; column B:

14.

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

subtract line 12 from line 11)

15 EZ credit used this period

(column A: enter the lesser of line 10 or line 14,

...................... 15.

column A; column B: enter the lesser of line 5 or line 14, column B)

16 Total EZ-EIC and EZ-ITC used this period

(add line 15, columns A and B; transfer this amount to the

. ................................................................................................................. 16.

appropriate franchise tax return)

46301060094

Form Ct-603 - Claim For Ez Investment Tax Credit And Ez Employment Incentive Credit - 2006

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