Instructions For Rct-101 D - Declaration Of De Minimis Pennsylvania Activity
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1Pennsylvania Department of Revenue
Instructions for RCT-101 D
Declaration of de minimis Pennsylvania Activity
RCT-101 D I (03-16)
year in which the benefit is to be
to the due date of the PA-1120 for
FORM INSTRUCTIONS
2015, a late-filing penalty will not be
used.
imposed.
A corporation not formed under the
In cases where the taxpayer files RCT-
laws of the Commonwealth of Pennsyl-
Example 2
101D and later files PA-1120, the tax-
vania whose Pennsylvania activity dur-
Same facts as Example 1, except Com-
payer will be liable for all taxes due for
ing a tax year is considered de minimis
pany A did not file RCT-101D until Dec.
these periods. Applicable interest will
as outlined in Tax Bulletin 2004-01 is
15, 2016. In this case, since RCT-101D
also be imposed from the original due
not required to file a complete PA-1120,
was not filed prior to the due date of the
date of the report to the date the taxes
PA Corporate Net Income Tax Report,
PA-1120 for 2015, Company A would be
are paid. The imposition of late–filing
for that period. Instead, such corpora-
assessed both interest and a late-filing
penalties will be based on the filing date
tion may file RCT-101D, affirming PA
penalty.
of the RCT-101D.
activity during the period is de min-
Tax Bulletin 2004-1 is available on the
Example 1
imis. A corporation preparing to file
PA Department of Revenue website at
Company A files RCT-101D for Dec. 31,
RCT-101D is reminded of the following:
2015, on March 14, 2016. On April 15,
1. RCT-101D is not a tax report, and
2017, the taxpayer files PA-1120 for
Completed RCT-101D forms should be
the statute of limitations regard-
Dec. 31, 2015, in order to utilize a net
mailed to:
ing the assessment of tax does
operating loss from this period in the cal-
not apply.
PA DEPARTMENT OF REVENUE
culation of the Dec. 31, 2016, PA corpo-
BUREAU OF CORPORATION TAxES
rate net income tax. The PA-1120 for
2. If a taxpayer files RCT-101D and
PO BOx 280708
Dec. 31, 2015, reports $200 of foreign
subsequently wants to use a tax
HARRISBURg PA 17128-0708
franchise tax, which is paid with the re-
benefit for that period, the tax-
payer must file a complete PA-
port. In this case, the taxpayer would
NOTE:
CAPITAl
STOCk/FOREIgN
be assessed interest on $200 from April
1120 for each year, beginning
FRANCHISE TAx HAS BEEN ElIMI-
with the year in which the tax
15, 2016, to April 15, 2017. Since the
NATED FOR TAx yEARS BEgINNINg ON
benefit is generated, through the
taxpayer did file RCT-101D for 2015 prior
OR AFTER JAN. 1, 2016.
RCT-101 D
1
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