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Arizona Form 318 - Credit For Taxes Paid For Coal Consumed In Generating Electrical Power - 2000

2000

Credit for Taxes Paid for Coal Consumed in

ARIZONA FORM

318

Generating Electrical Power

For taxable year beginning ______/______/______ , and ending ______/______/______ .

YYYY

Attach to your return

Name as shown on Form 120, 120A, 120S, 120X or 165

Federal employer identification number

Part I Calculation of Current Taxable Year's Credit

1 Total amount paid by the seller or purchaser as transaction privilege tax or use tax for coal sold to the taxpayer. Qualifying

coal purchases by the taxpayer are purchases of coal that is consumed in the generation of electrical power in Arizona.

"Amount paid by the seller or purchaser as transaction privilege tax or use tax" means that the Arizona transaction

privilege tax was passed through to the taxpayer by the seller as an added charge or that the seller collected the

Arizona use tax from the taxpayer or that the taxpayer paid the Arizona use tax to the department. Enter total

amount from attached Form(s) 318-1, line 13, column (d). ..............................................................................................................

2 Current taxable year's credit - multiply line 1 by 30 percent (.30). ...................................................................................................

Part II Corporate Partner's Share of Credit

Complete lines 3 through 5 separately for each corporate partner. Furnish each corporate partner with a copy of the completed Form 318.

The partnership may pass the credit through only to its corporate partners.

3 Name of corporate partner

4 Corporate partner's TIN

5 Corporate partner's share of the amount on Part I, line 2

Part III Available Credit Carryover

(a)

(b)

(c)

(d)

Carryover

Available carryover

from taxable

Original credit

Amount

Subtract column (c)

year ending

amount

previously used

from column (b)

Total available

carryover

Part IV Total Available Credit

12 Current taxable year's credit. Corporations and S corporations - enter amount from Part I, line 2.

Corporate partners of a partnership - enter amount from Part II, line 5. ........................................................................................

13 Available credit carryover - from Part III, line 11, column (d) .........................................................................................................

14 Total available credit - add lines 12 and 13. Enter total here and on Form 300, Part I, line 12. .................................................

ADOR 03-0013 (00)