Instructions For Rct-132b - Pennsylvania Department Of Revenue (Page 2 of 4) in pdf

Imposition, Base and Rate

An amended report must be filed within

acting as a receiver “under title 12

Shares tax is imposed at the rate of

three years of the filed date of the orig-

USC. § 1825(b)(1)”.

inal report. The department may adjust

0.95 percent on taxable shares of bank

Corporate Officer Information

the tax originally reported based on

and trust companies located in Pennsyl-

A corporate officer must sign and date

vania and having capital stock.

information from the amended report.

the tax report. The signature must be

The taxpayer must consent to extend

original; photocopies or faxes will not be

Loans tax has been repealed for the tax

the assessment period. If the amended

accepted. Print the first and last name,

periods beginning after Dec. 31, 2013.

report is timely filed and the taxpayer

title, Social Security number, telephone

Do not complete Line 1b on Page 1 for

consented to extend the assessment

number and email address of the

such tax periods.

period, the time period in which to

corporate officer.

assess tax will be the greater of three

Revenue ID, Federal Employer

Preparer’s Information

years from the filed date of the original

Identification

Number

(FEIN),

Paid preparers must sign and date the

report or one year from the filed date of

Parent Corporation FEIN, Name and

the amended report.

tax report. If the preparer works for a

Address

firm, provide the name, FEIN and

The Revenue ID number, FEIN, name

Regardless of the tax year being

address of the firm along with the

and complete mailing address must be

amended, taxpayers must use the most

name, telephone number, email address

provided. If the taxpayer is a subsidiary

current non-year-specific tax form,

and PTIN/SSN of the individual prepar-

of a corporation, the parent corporation’s

completing all sections of the report.

ing the report. If the preparer is an

FEIN must be provided. Also provide the

This includes those sections originally

individual without any association to a

telephone number and email address of

filed and those sections being amended.

firm, provide the name, address,

the taxpayer.

All tax liabilities should be recorded on

telephone number, email address and

Page 1. Taxpayers must check the

Tax Year

PTIN/SSN of the individual preparing

Amended Report check box on Page 1

For shares tax enter the year (YY) of the

the report.

and include Schedule AR, REV-1175,

spot tax.

Extension Request Due Date

with the report.

Report Due Date

To request a due date extension of up

First Report

This report is due on March 15 following

to six months to file the annual report,

Enter “Y” in the block on Page 1 if this

the Jan. 1 shares reported. If March 15

you must file an extension request,

is the taxpayer’s first PA shares tax

falls on a Saturday, Sunday or holiday,

REV-426, by the original report due

filing.

the report is due the next business day.

date. However, an extension of time to

The penalty imposed for failure to file

Electronic Payment

file does not extend the deadline for

timely reports is a minimum of $500,

payment of tax and an extension

Enter “Y” in the block on Page 1 if the

regardless of the determined tax liabil-

taxpayer has made any electronic

request must be accompanied by

ity, plus an additional 1 percent of any

payments using e-TIDES.

payment of taxes owed for the taxable

determined tax liability over $25,000.

year for which the extension is

KOZ/EIP Credit

requested. Mail the extension coupon

Address Change

Enter “Y” in the block on Page 1 if the

separately from all other forms. A tax-

Enter “Y” in the block on Page 1 if the

corporate taxpayer is claiming the

payer using an electronic method to

address of the corporation has changed

Keystone Opportunity Zone Credit, the

make a payment with an extension

from prior tax periods. The current

Keystone Opportunity Expansion Zone

request should not submit the extension

mailing address should be reflected on

Credit or the Employment Incentive

coupon. Do not use the extension

the report.

Payment Credit.

coupon to remit other unpaid liabilities

•

Correspondence to Preparer

Final Report

within the account.

Enter “Y” in the block on Page 1 if all

Enter “Y” in the block on Page 1 if

Payment and Mailing Information

correspondence (notices and requests

this report will be the final report

All payments of $1,000 or more must be

for additional information) is to be sent

filed with the department. Indicate

made electronically or by certified or

to the preparer’s address.

If “Y” is

the effective date of the event as

cashier’s check remitted in person or by

entered, the address recorded on Page

MMDDYYYY.

•

express mail courier. Failure to make a

2 will be used.

Include a copy of the regulatory

payment by an approved method will

Amended Report

authority’s approval of the merger,

result in the imposition of a three

Enter “Y” in the block on Page 1 if you

dissolution, plan of reorganization

percent penalty of the tax due, up to

are filing an amended report to add,

$500.

For

information

and/or articles of merger.

•

delete or adjust information. Provide

electronic

payment

options,

visit

Provide the Revenue ID and FEIN of

documentation to support all changes

Payments

the surviving entity, if applicable.

•

being made. An amended report should

under $1,000 may be remitted by mail,

only be filed if an original report was

Provide notification that the Federal

made payable to the PA Department of

filed previously for the same period.

Deposit Insurance Corporation is

Revenue.

RCT-132B

Instructions For Rct-132b - Pennsylvania Department Of Revenue Page 2

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