Form 600 - Corporation Tax Return - Georgia Department Of Revenue

Georgia Form 600/2003 Page 3 / Name (Corporation)_______________________________________FEIN____________________

CLAIMED TAX CREDITS

(ROUND TO NEAREST DOLLAR)

SCHEDULE 9

See pages 15 through 18 for a list of available credits and their applicable codes. You must list the appropriate credit type code in

the space provided. If you claim more than four credits, attach a schedule. Enter the total of the additional schedule on Line 5.

If the tax credit is flowing into this corporation from another corporation, please enter the name and FEI Number of the corporation

where the tax credit originated. If the credit claimed is only a percentage of the total credit (i.e. another corporation has been

assigned a percentage, as well), enter the percentage assigned to this corporation in the % column. If the credit originated with the

corporation filing this return, enter “Same” in the spaces for corporation and FEIN and enter the percentage of credit claimed (i.e.

100, if claiming all of it; 33, if claiming 1/3).

Credit Type Code

Corporation Name

FEIN

Amount of Credit

Enter the total from attached schedule(s) ..................................................................

Enter the total of Lines 1 through 5 here and on Schedule 3, Line 3, Page 1 ...........

ASSIGNED TAX CREDITS

(ROUND TO NEAREST DOLLAR)

SCHEDULE 10

Georgia Code Section 48-7-42 provides that in lieu of claiming any Georgia income tax credit for which a taxpayer otherwise is eligible

for the taxable year, the taxpayer may elect to assign credits in whole or in part to one or more “affiliated entities”. The term “affiliated

entities” is defined as:

1) A corporation that is a member of the taxpayer’s affiliated group within the meaning of Section 1504(a) of the Internal Revenue

Code; or

2) An entity affiliated with a corporation, business, partnership, or limited liability company taxpayer, which entity:

(a) Owns or leases the land on which a project is constructed;

(b) Provides capital for construction of the project; and

No carryover attributable to the unused portion of any previously claimed or assigned credit may be assigned or reassigned, except if

the assignor and the recipient of a tax credit assigned cease to be affiliated entities, any carryover attributable to the unused portion of

the credit is transferred back to the assignor of the credit. The assignor is permitted to use any such carryover itself, and also shall be

permitted to assign the carryover to one or more affiliated entities, as if such carryover were an income tax credit for which the assignor

became eligible in the taxable year in which the carryover was transferred back to the assignor. In the case of any credit that must be

claimed in installments in more than one taxable year, the election under this subsection may be made on an annual basis with respect

to each such installment. For additional information, please refer to Georgia Code Section 48-7-42.

If the corporation filing this return is assigning tax credits to other affiliates, please provide detail below of where the tax credits are being

assigned and what percentage is being allocated to each affiliate.

Credit Type Code

Corporation Name

FEIN

Amount of Credit

Form 600 - Corporation Tax Return - Georgia Department Of Revenue - 2003 Page 3