Form C-8009 - Single Business Tax Allocation Of Statutory Exemption, Standard Small Business Credit, And Alternate Tax For Members Of Controlled Groups - 1998

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C-8009
SINGLE BUSINESS TAX
Michigan Department of Treasury
(Rev. 11-98)
1998
Allocation of Statutory Exemption, Standard Small Business
Credit, and Alternate Tax for Members of Controlled Groups
This form is issued under authority of P.A. 228 of 1975.
See instruction booklet for filing guidelines.
1. Name
2. Federal Employer ID No. (FEIN) or TR No.
PART 1:
MEMBERS' IDENTIFICATION -
Include all members with activity in Michigan whether or not the member is
required to file an SBT annual return.
Member Name
Date Tax Year Ends
Federal Employer ID No. Organization Type*
3a
b
c.
*Organization Type - Individual, Partnership, Corporation, Estate or Trust, or Limited Liability Co.
PART 2:
STATUTORY EXEMPTION
Me
a.
b.
c.
d. Total
mber identification from Part 1
4
ALLOCATED STATUTORY EXEMPTION
Enter here and on the member's C-8043, line 7.
PART 3: ADJUSTED BUSINESS INCOME
Add columns a - c across. Enter total in column d.
5
Business income (from C-8000, line 11)
6
Capital loss carryover or carryback (from C-8000, line 21)
7
Net operating loss carryover or carryback
(from C-8000, line 22)
8
Compensation and director fees of active shareholders
(from C-8000KC, line 6)
9
Compensation and director fees of officers
(from C-8000KC, line 7)
10
Adjusted business income. Add lines 5 - 9. If 10d is neg-
ative, enter 0 on line 14, 100% on line 21, then continue
11
Gross receipts (from C-8000, line 10)
Figure your tax using both the alternate (Part 4) and the standard (Part 5) method.
Select the one that gives you the lower tax after credit for the controlled group.
PART 4: ALTERNATE TAX FOR SMALL BUSINESSES
12
Tax before credits (from C-8000, line 45). If adjusted
gross receipts are less than $100,000, enter zero
%
%
%
100%
13
Divide each column 12 a-c by the total in column 12d
14
Multiply line 10d by 2% (.02). If negative, enter zero
15
ALTERNATE CREDIT: Subtract line 14d from line 12d
16a
Share of credit: Multiply line 15d by percentages
on line 13, columns a-c
b
Reduced credit: Multiply line 16a by reduced credit
percent from table on page 22
17
Tax after alternate small business credit
Subtract line 16a or b (whichever applies) from line 12
If your combined gross receipts exceed $9,000,000, complete Parts 5, 6 and 7. Otherwise, complete Parts 5 and 7 only.
www. treas. state. mi. us

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