Form Rst-Cr - Complimentary Rooms - Indiana Departent Of Revenue (Page 2 of 2) in pdf

Form Rst-Cr - Complimentary Rooms - Indiana Departent Of Revenue Page 2

Instructions for Completing Form RST-CR

Please note: This form is for information only. Send no money with this return. If you do not furnish complimentary rooms or lodgings, you do not need to

complete this form.

Total Quantity of Accommodations Rented — Enter the total quantity of accommodations rented for this tax period.

Sales Tax remitted for the Amount on Line A — Enter the total sales tax remitted with respect to the number of accommodations entered on Line A.

Total Quantity of Complimentary Accommodations — Enter the total quantity of complimentary accommodations provided for this period.

Sales Tax remitted for the Amount on Line C — Enter the total sales tax remitted with respect to the number of complimentary accommodations entered

on Line C.

Due Date Information: The reporting period will coincide with the sales and use tax reporting frame. If you report on a monthly basis, the report is due the same

time that monthly report is due. If you remit your sales tax via electronic funds transfer (EFT), the report is due at the same time that the quarterly recap is due.

To determine the amount of gross retail income for complimentary rooms, you may use either of the following calculations to establish the average daily rent rate:

(1) The amount of gross retail income that would be earned from renting a comparable room on the same date; or (2) Take the total gross rental income for the

month divided by the total number of paid room rental days to arrive at the average daily rental rate. Multiply the resulting average amount by the total number

of complimentary rooms provided during the month in order to arrive at the total gross retail income. This is the taxable amount.

(

)

$100

average daily rate

$100 (

)

For further information, see

Commissioner’s Directive

#20.

average daily rental per room

(