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is for a fiscal year or a short year.

In the top center block of page 1, enter the AAG’s common parent’s

federal business code number, its federal employer identification num-

ber (FEIN), name, address (with complete zip code), state of incorpora-

tion, common federal parent corporation name and the federal parent’s

To Pay by Credit Card* or Electronic Check

FEIN, etc.

Visit

If notification of Final IRS change is attached, check the box.

Click on E Services then Payment

If Federal Form 1120-REIT was filed, check the box.

For credit card payments by phone

If the Federal Form 7004 (which is used to request an automatic fed-

eral extension) is attached, check the box.

Call 1-800-2PAY-TAX

BE SURE TO FILL OUT ALL APPLICABLE LINES ON PAGE 1 even

(Use Jurisdiction Code 1101)

if detailed schedules are attached. Failure to properly complete the re-

*Official Payments, the service provider, charges a fee for this service.

turn may result in delinquency penalties.

Line 1. Alabama taxable income (sum of all Proforma Form 20C-s,

Make check or money order payable to:

line 14).

Alabama Department of Revenue

Line 1a. Consolidated NOL (from Form 20C-C, Schedule B).

Write the AAG’s federal employer identification number, the income

Line 1b. Alabama consolidated taxable income.

tax form number or type of payment (i.e. Form 20C-C, Form 20-E, esti-

Line 2a. Enter the amount of total tax due (6.5% of line 1b).

mated tax payment, etc.), and the tax year end on the check. Remit with

Line 2b. A consolidated filing fee is due from an Alabama affiliated

appropriate form (Form BIT-V, 20-E, 20C-C, etc.).

group which elects to file an Alabama consolidated return. Enter the

Tax due and not paid on or before the due date will be subject to a fail-

amount from the table below:

ure to timely pay penalty of 1% per month, up to 25%, and will accrue in-

§40-18-39(c)(8), Code of Alabama, 1975, states, “An Alabama affil-

terest at the rate provided in §40-1-44.

iated group that has made an Alabama consolidated return election

Mail Consolidated Returns and Payments to:

under this subsection shall be assessed an annual fee for the privilege

Alabama Department of Revenue

of filing an Alabama consolidated return….The annual fee shall be a

Consolidated Business Tax Compliance Unit (CBTCU)

graduated fee based upon the aggregate amount of total assets, deter-

P.O. Box 327437

mined in accordance with Treasury Department Form 1120 or any suc-

Montgomery, AL 36132-7437

cessor form, of the Alabama affiliated group for the taxable year to which

the fee relates, as set out below:

Telephone (334) 353-9448

Total Assets

Annual Fee

How To File:

$0 to $2,500,000

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

$5,000

For this return to be considered complete and properly filed, a copy

$2,500,001 to $5,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . $10,000

of the appropriate federal return, Form 1120, must be attached, along

$5,000,001 to $7,500,000 . . . . . . . . . . . . . . . . . . . . . . . . . $15,000

with supporting details and schedules. Failure to attach the complete

$7,500,001 to $10,000,000 . . . . . . . . . . . . . . . . . . . . . . . . . $20,000

federal return with the necessary supporting schedules (such as Sched-

$10,000,001 and over

. . . . . . . . . . . . . . . . . . . . . . . . . $25,000

ule D, Form 4797 and spreadsheet of income statements for all corpo-

Line 2c. Enter the amount of total tax due (sum of lines 2a and 2b).

rations included in the federal consolidated return) may result in the

Line 3. TAX PAYMENTS, CREDITS, AND DEFERRAL.

imposition of delinquent penalties. It is not necessary to include item-

Line 3a. Enter the tax overpayment carried over from the prior period.

ized depreciation schedules with the return if the information is main-

tained with the company records and are available upon request.

Note: If these payments were made by any corporation other

Period Covered:

than the AAG parent corporation, please attach a detailed list show-

ing the name of the corporation who made the payment, including

File the 2007 consolidated return for calendar year 2007 and for fis-

the FEIN of the corporation and the amount paid.

cal years or short-years that begin in 2007. Check the appropriate box

to indicate the filing of a fiscal or short year return.

Line 3b. Enter the amount of estimated tax payments made for this

tax period.

Signature:

Line 3c. Enter the amount of any composite payments made on this

The return must be signed by an authorized officer of the corpora-

line. Make sure you include the Name and FEIN of the entity making the

tion. If the property or business is being operated by a receiver trustee

payment on your behalf in the space provided. (Attach schedule if mul-

in bankruptcy, or an assignee, such person shall sign for the corpora-

tiple payments were made.)

tion. Enter the date signed and the title of the person whose signature is

Line 3d. Enter the amount of tax paid on your extension Form 20-E.

affixed. If the return is prepared by anyone other than an employee of the

Line 3e. This line is only to be used if the taxpayer is filing an

taxpayer, enter the signature and identification information of the

AMENDED RETURN. The amount shown should be any payments

preparer.

made with the original return and/or any payments made because of ad-

Specific Instructions

justments to the return by the Alabama Department of Revenue.

At the top, left-hand corner of page 1 check all applicable boxes if fil-

Line 3f. Credits/Exemptions. (sum of all Proforma Form 20C’s, line

ing an initial, final, amended return, or address change.

7, Schedule F). Credits/Exemptions for AAG’s cannot reduce the Income

At the top, right-hand corner of page 1 check the appropriate box in-

Tax (line 2a, Form 20C-C) below zero. For additional instructions for sep-

dicating a calendar-year, fiscal-year, or short-year return. Fill in the blanks

arate company computations for Schedule F, please see the Form 20C

indicating the beginning and ending dates of the tax period if the return

instructions.

Form 20c-C - Instructions For The Preparation Of Alabama Department Of Revenue Consolidated Corporate Income Tax Return - 2007 Page 2

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