Form Dr-601c - Intangible Tax Return For Corporation, Partnership And Fiduciary Filers - 1999

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DR-601CN
R. 01/99
INSTRUCTIONS for Filing Form DR-601
C
1999
Intangible Tax Return for Corporation, Partnership
and Fiduciary Filers
Law Changes:
If your tax due (Line 7) is less than
$60, no tax payment is required;
however, the return must still be
filed.
One-third of the accounts
receivable arising from trade or
business are exempt. (See page 6.)
Credit card receivables owned by
Florida banks are taxable only if
IMPORTANT:
IMPORTANT:
the debt is owed by a Florida
resident.
Please read instructions carefully
Bank trust departments are
before completing return.
required to file a bank master
return for their trust accounts
using machine sensible media.
Be sure to complete the
“ Important Information Required ”
Penalties have been reduced:
section on the back of your return.
• The penalty for late filing has
been reduced to 10% per month
not to exceed a maximum of 50%
of the tax due.
Contents:
• The total maximum combined
penalty for late filing and
DOR Service Center Listing ............. 2
delinquent payment of tax cannot
exceed 50% of the tax due.
General Information .......................... 5
All REMIC’s are now exempt.
Instructions for
Completing Your Return ................... 5
The IRA exemption includes the
Roth IRA and the Educational IRA.
Instructions for
Information Notices .......................... 9
Nontransferable options granted
under an Employee Stock Incentive
Overpayments/Underpayments ......11
Plan are exempt.
Florida Department of Revenue

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Parent category: Financial