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CT-3-B-I

New York State Department of Taxation and Finance

Instructions for Form CT-3-B

Tax-Exempt Domestic International

Sales Corporation (DISC) Information Return

Tax Law — Article 9-A

to Form CT-3-A. Instructions for both these combined forms are

Form CT-1, Supplement to Corporation Tax

in Form CT-3-A-I, Instructions for Forms CT-3-A, CT-3-A/ATT, and

Instructions

CT-3-A/B.

See Form CT-1 for the following topics:

When and where to ﬁ le

• Changes for the current tax year (general and by Tax Law Article)

A tax-exempt DISC must fi le this return separately. In addition,

• Business information (how to enter and update)

attach a copy of this return to the stockholder’s consolidated

• Entry formats

return, Form CT-3-C, and fi le both on or before the 15th day of the

— Dates

ninth month after the end of the tax year. If your fi ling date falls on

— Negative amounts

a Saturday, Sunday, or legal holiday, you must fi le your return on

or before the next business day. Include a complete copy of your

— Percentages

federal return.

— Whole dollar amounts

Mail your return to:

• Are you claiming an overpayment?

NYS CORPORATION TAX

PROCESSING UNIT

• Third-party designee

PO BOX 22038

• Paid preparer identifi cation numbers

ALBANY NY 12201-2038

• Is your return in processible form?

Private delivery services

• Use of reproduced and computerized forms

See Publication 55, Designated Private Delivery Services.

• Electronic fi ling and electronic payment mandate

Amended return

• Web File

If you are fi ling an amended return, mark an X in the Amended

• Form CT-200-V

return box on Form CT-3-B, page 1.

• Collection of debts from your refund or overpayment

If you fi le an amended federal return, you must fi le an amended

• Fee for payments returned by banks

New York State return within 90 days thereafter.

• Reporting requirements for tax shelters

For amended returns based on changes to federal taxable

• Tax shelter penalties

income (FTI) — If your FTI has been changed or corrected by

a fi nal determination of the Commissioner of Internal Revenue

• Voluntary Disclosure and Compliance Program

or by a renegotiation of a contract or subcontract with the

• Your rights under the Tax Law

United States, you must fi le an amended return refl ecting the

• Need help?

changes to FTI within 90 days (120 days if fi ling an amended

combined return) of the fi nal federal determination. For a

• Privacy notifi cation

defi nition of fi nal determination, see New York Codes, Rules, and

General information

Regulations (NYCRR), Title 20, section 6-1.3(b).

The information from this form is also used on Form CT-3-C,

You must attach a copy of federal Form 4549, Income Tax

Consolidated Franchise Tax Return, Form CT-3, General

Examination Changes, to your amended return.

Business Corporation Franchise Tax Return, and Form CT-3-ATT,

Schedules B, C, and D — Attachment to Form CT-3. Therefore,

If you fi led as part of a consolidated group for federal tax purposes

the schedules (except Schedule E) and lines on this form are

but on a separate basis for New York State tax purposes, you must

numbered to directly correspond with the same schedules and

submit a statement indicating the changes that would have been

lines on Forms CT-3 and CT-3-ATT. The lines and schedules

made if you had fi led on a separate basis for federal tax purposes.

from Forms CT-3 and CT-3-ATT that are not applicable to this

Reporting period

form have been omitted. Use Form CT-3/4-I, Instructions for

Forms CT-4, CT-3, and CT-3-ATT, to complete this return.

Use this tax return for calendar year 2013 and fi scal years that

begin in 2013 and end in 2014.

Who must ﬁ le

You can also use the 2013 return if:

Domestic international sales corporations (DISCs) that are exempt

from tax under Tax Law Article 9-A must fi le Form CT-3-B.

• you have a tax year of less than 12 months that begins and ends

Foreign sales corporations (FSCs) and taxable DISCS may not

in 2014, and

ﬁ le this form. FSCs and taxable DISCs must fi le Form CT-3.

• the 2014 return is not yet available at the time you are required

to fi le the return.

A corporation that qualifi es as a DISC under Internal Revenue

Code (IRC) section 992(a) is exempt from tax under Article 9-A if

In this case you must show your 2014 tax year on the 2013 return

during the year it received more than 5% of its:

and take into account any tax law changes that are effective for tax

• gross sales from the sale of inventory or other property

years beginning after December 31, 2013.

purchased from its stockholders;

All fi lers must complete the beginning and ending tax year boxes in

• gross rentals from the rental of property purchased or leased

the upper right corner on page 1 of the form.

from its stockholders; or

Important identifying information

• total receipts, other than sales or rentals, from its stockholders.

For us to process your corporation tax forms, it is important that

Stockholder of DISC who ﬁ les as part of combined

we have the necessary identifying information. Enter your employer

group

identifi cation number and fi le number.

If the stockholder of the tax-exempt DISC fi les as part of a

If you use a paid preparer or accounting fi rm, make sure they

combined group, use the instructions for the appropriate lines on

use your complete and accurate identifying information when

Form CT-3-A, General Business Corporation Combined Franchise

completing all forms prepared for you.

Tax Return, to complete pages 1, 2, and 3 of this form. To complete

pages 4 and 5 of this form, use the instructions for the appropriate

lines on Form CT-3-A/ATT, Schedules A, B, and C – Attachment

Form Ct-3-B-I - Instructions For Form Ct-3-B - New York State Department Of Taxation And Finance - 2013

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