Instructions For Rct-132b - Pennsylvania Department Of Revenue Page 4
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4see Article VII, Section 701.4 of the
Line 15 - Total Receipts Everywhere
Line 2 - Total Assets from Balance
Tax Reform Code, as amended, 72
(from Page 3, Schedule A, Line 16b.)
Sheet (See A or B above.)
P.S. § 7701.4.
Line 16 - Receipts Factor (Line 14
Line 3 - Goodwill (See C above.)
Line 1 - Receipts from Lease or Rental
divided by Line 15; carry to six decimal
Line 4 - Net Bank Equity (Line 1 minus
of Real Property.
places.)
Line 3.)
Line 2 - Receipts from Lease or Rental
CALCULATION OF END OF YEAR
Line 5 - Net Assets (Line 2 minus Line 3.)
of Tangible Personal Property.
TAXABLE SHARES
A. The book value used for this sched-
Line 6 - U.S. Obligations (See D
Line 3 - Interest Fees and Penalties in
ule is the value reflected on the
above.)
Connection with Loans Secured by Real
Dec. 31 Quarterly Report of Condi-
Property.
Line 7 - Divide Line 6 by Line 5; carry
tion filed with the appropriate
to 6 decimal places.
Line 4 - Interest Fees and Penalties in
regulatory authority. If the total
Connection with Loans Not Secured by
bank equity capital and total assets
Line 8 - Deduction for U.S. Obligations
Real Property.
(Multiply Line 4 by Line 7.)
do not match the end of year
balance sheet, provide a schedule
Line 5 - Net Gains from Sale of Loans.
Line 9 - Current End of Year Value of
reconciling the difference.
Shares (Subtract Line 8 from Line 4.)
Line 6 - Interest Fees and Penalties
B. For trust companies that do not file
Charged to Cardholders.
CALCULATION OF SHARES TAX
reports of condition, book value is
Line 7 - Net Gains from Sale of Credit
Line 10 - Current End of Year Value of
the value at the end of the year
Card Receivables.
Shares (from Line 9 above.)
under generally accepted account-
ing principles.
Line 8 - Card Issuer’s Reimbursement
Line 11 - Shares Tax Apportionment
Fees.
(from Line 16); carry to six decimal
C. A deduction for goodwill recorded
places.
as a result of the use of purchase
Line 9 - Receipts from Merchant Discounts.
accounting for an acquisition or
Line 12 - Total Amount of Shares Sub-
Line 10 - ATM Fees.
combination occurring after June
ject to Tax (Line 10 times Line 11.)
30, 2001, may first be taken on the
Line 11 - Loans Servicing Fees.
Line 13 - Tax (Multiply Line 12 by 0.95
Jan. 1, 2008, bank shares tax
Line 12 - Receipts from Services.
percent (0.0095). Carry the tax to RCT-
report and subsequent reports. A
132B, Page 1, Line 1a.
taxpayer taking a deduction for
Line 13 - Receipts from Investment/Trad-
goodwill MUST provide a schedule
ing, Assets and Activities. Complete Page
PAGE 4
detailing the goodwill listed on the
4. Schedule A1.
balance sheet of the applicable call
Line 14 - Receipts from Sale or Dispo-
SCHEDULE A1 - RECEIPTS FACTOR
report. Include the name of the
sition of Property.
entity, date of combination and
Procedure for requesting approval to
amount of goodwill. Goodwill is a
Line 15 - All Other Receipts.
change methods:
deduction from total bank equity
Line 16 - Total Receipts (Add Lines 1
For the Jan. 1, 2018 shares tax, the tax-
capital and total assets.
through 15.)
payer must submit a letter of request,
D. Submit a schedule identifying U.S.
including supporting documentation, for
Line 17 - Receipts Factor (Line 16a
obligations by names and amounts
approval to change method.
divided by Line 16b; carry to 6 decimal
claimed for the Dec. 31 quarter.
places.)
The letter of request must be sent to
Please refer to Corporation Tax Bul-
the following address:
letin 94 (Revised) for a list of those
PAGE 2
obligations which constitute U.S. ob-
PA DEPARTMENT OF REVENUE
BUREAU OF CORPORATION TAXES
ligations and non U.S. obligations.
PAGE 2 CALCULATION OF SHARES
– DIRECTOR’S OFFICE
END OF YEAR TAXABLE SHARES
TAX APPORTIONMENT
ATTN: CHIEF – TAXING DIVISION
Line 14 - Total Receipts Inside PA (from
Line 1 - Total Bank Equity Capital from
PO BOX 280700
Page 3, Schedule A, Line 16a.)
Balance Sheet (See A or B above.)
HARRISBURG PA 17128-0700
RCT-132B
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