General Instructions For Corporations, Partnerships, Fiduciaries, Estates And Trusts - City Of Dublin, Ohio - 2009, Afti Worksheet Adjusted Federal Taxable Income
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3CITY OF DUBLIN, OHIO
GENERAL INSTRUCTIONS
Additional Forms Available at
Division of Taxation
FOR CORPORATIONS, PARTNERSHIPS,
P.O. Box 9062
FIDUCIARIES, ESTATES AND TRUSTS
Dublin, Ohio 43017-0962
Telephone (614) 410-4460
2009
Toll Free (888) 490-8154
Fax (614) 923-5520
1.
WHEN AND WHERE TO FILE RETURNS: TAXPAYERS WHO END THEIR TAX
ADD RATIOS AND DIVIDE BY THE NUMBER OF RATIOS TO OBTAIN BUSINESS
YEAR ON DECEMBER 31 MUST FILE ON OR BEFORE APRIL 15 OF THE
ALLOCATION PERCENTAGE. A RATIO SHALL NOT BE EXCLUDED FROM THE
FOLLOWING YEAR. TAXPAYERS ON A FISCAL OR PARTIAL YEAR BASIS MUST
COMPUTATION BECAUSE IT IS ALLOCABLE ENTIRELY WITHIN OR OUTSIDE
FILE WITHIN 105 DAYS FOLLOWING THE END OF SUCH PERIOD.
DUBLIN. THIS COMPUTATION IS TO BE REPORTED IN SCHEDULE Y.
IF THE FILING DEADLINE CANNOT BE MET, A COPY OF THE FEDERAL
5.
OPERATING LOSSES: ALTHOUGH FEDERAL LAWS PERMIT THE TAXPAYER
REQUEST FOR EXTENSION MUST BE FILED BY THE DUE DATE OF THE
TO CARRY FORWARD AND CARRY BACK CERTAIN OPERATING LOSSES,
RETURN. AN EXTENSION REQUEST IS AN EXTENSION OF TIME TO FILE, IT
SUCH LOSSES MAY NOT BE CARRIED FORWARD OR BACKWARD UNDER
IS NOT AN EXTENSION OF TIME TO PAY. PAYMENT OF ANY ESTIMATED TAX
THE PROVISIONS OF THE CITY INCOME TAX ORDINANCE.
DUE SHOULD ACCOMPANY THE EXTENSION REQUEST. IF NO REQUEST
6.
UNINCORPORATED BUSINESS ACTIVITY: THE NET LOSS OF AN
FOR EXTENSION IS FILED, A LATE PENALTY UP TO ONE HUNDRED
UNINCORPORATED BUSINESS ACTIVITY MAY BE USED TO OFFSET OTHER
DOLLARS ($100.00) CAN BE ASSESSED. ALSO SEE ESTIMATED TAX
UNINCORPORATED BUSINESS INCOME IN DUBLIN ONLY IF IT MEETS ONE
PAYMENTS BELOW.
OF THE TWO FOLLOWING CONDITIONS: 1) THE UNINCORPORATED
2.
TAXABLE INCOME: DUBLIN INCOME TAX IS LEVIED AT THE RATE OF 2.0%
BUSINESS ACTIVITY MUST BE LOCATED IN DUBLIN OR 2) THE
(.02) ON THE FOLLOWING:
UNINCORPORATED BUSINESS ACTIVITY MUST BE LOCATED IN A
MUNICIPALITY THAT DOES NOT HAVE A LOCAL INCOME TAX.
A.
NET PROFITS EARNED OF ALL CORPORATIONS DERIVED FROM WORK
DONE OR SERVICES PERFORMED OR RENDERED AND OTHER BUSINESS
7.
PAYMENTS: PAYMENTS OF LESS THAN ONE DOLLAR AND ONE CENT ($1.01)
ACTIVITIES CONDUCTED IN THE CITY OF DUBLIN. S-CORPORATION
OF NET TAX DUE ARE NOT REQUIRED, NOR WILL REFUNDS OF LIKE AMOUNT
INCOME IS NOT TAXABLE AT THE INDIVIDUAL LEVEL. S-CORPORATIONS
BE MADE.
DOING BUSINESS WITHIN DUBLIN MUST FILE THIS FORM.
8.
ESTIMATED TAX PAYMENTS: ANY ENTITY ANTICIPATING DUBLIN TAX
B.
NET PROFITS ATTRIBUTABLE TO DUBLIN EARNINGS OF NON-RESIDENT
LIABILITY OF $100.00 OR GREATER SHALL FILE AND PAY ESTIMATED TAX
UNINCORPORATED BUSINESSES, PROFESSIONS, OR OTHER ACTIVITIES,
PAYMENTS. FOR CALENDAR YEAR TAXPAYERS SUCH PAYMENTS ARE DUE
DERIVED FROM WORK DONE OR SERVICES PERFORMED OR RENDERED
EITHER IN FULL BY APRIL 15TH OR ONE-QUARTER DUE ON EACH OF APRIL
AND BUSINESS OR OTHER ACTIVITIES CONDUCTED IN THE CITY OF
15TH, JULY 15TH, OCTOBER 15TH, AND DECEMBER 15TH. FOR FISCAL
DUBLIN. PARTNERSHIPS, SEE LINE 12 BELOW. SOLE PROPRIETORSHIPS,
YEAR TAXPAYERS, THE DECLARATION AND FIRST PAYMENT ARE DUE NO
FILE AN INDIVIDUAL RETURN RATHER THAN THIS FORM.
LATER THAN 105 DAYS AFTER THE CLOSE OF THE FISCAL YEAR WITH THE
SECOND QUARTERLY PAYMENT DUE 60 DAYS LATER, THE THIRD QUARTERLY
C.
THE FOLLOWING SHOULD BE REPORTED ON THE DUBLIN INDIVIDUAL
PAYMENT DUE 90 DAYS AFTER THE SECOND PAYMENT, AND THE FOURTH
INCOME TAX RETURN:
QUARTERLY PAYMENT DUE 105 DAYS AFTER THE THIRD PAYMENT. THE
1.) NET PROFITS ATTRIBUTABLE TO EARNED DUBLIN INCOME OF ALL
DECLARATION OF ESTIMATED TAX AND FIRST PAYMENT ARE TO BE MADE
RESIDENT UNINCORPORATED BUSINESS PROFESSIONS AND OTHER
WITH THIS TAX FORM. A DECLARATION AND PAYMENTS WHICH ARE LESS
ACTIVITIES DERIVED FROM WORK DONE OR SERVICES PERFORMED
THAN 90% OF THE TAX SHOWN ON THE FINAL RETURN OR 100% OF THE
AND BUSINESS OR OTHER ACTIVITIES IN THE CITY OF DUBLIN.
PREVIOUS YEAR’S TAX SHALL NOT BE CONSIDERED IN GOOD FAITH THE
DIFFERENCE SHALL BE SUBJECT TO PENALTY AND INTEREST CHARGES
2.) THAT PORTION OF THE DISTRIBUTIVE SHARE OF THE NET PROFIT
AS PROVIDED BY ORDINANCE.
EARNED OF A RESIDENT INDIVIDUAL, PARTNER, OR OWNER OF A
RESIDENT UNINCORPORATED BUSINESS ENTITY ATTRIBUTABLE TO
9.
UNDERPAYMENT/NON-PAYMENT OF ESTIMATED TAX – 10% PENALTY IS
DUBLIN AND NOT LEVIED AGAINST SUCH UNINCORPORATED
ASSESSED ON THE DIFFERENCE BETWEEN 100% OF THE PREVIOUS YEAR’S
BUSINESS ENTITY.
TAX OR 90% OF THE CURRENT YEAR’S TAX AND INTEREST IS ASSESSED AT
18% (1.5% PER MONTH OR FRACTION THEREOF). INTEREST WILL START TO
3.) THAT PORTION OF THE DISTRIBUTIVE SHARE OF THE NET PROFITS
ACCRUE BEGINNING WITH THE MONTH AFTER THE 4TH PAYMENT IS DUE AND
EARNED OF A RESIDENT INDIVIDUAL, PARTNER, OR OWNER OF A
CONTINUING THROUGH THE MONTH THE RETURN IS FILED AND TAX PAID.
NON-RESIDENT UNINCORPORATED BUSINESS ENTITY NOT
ATTRIBUTABLE TO DUBLIN AND NOT LEVIED AGAINST SUCH
10. LATE FILING/LATE PAYMENT PENALTY SHALL BE IMPOSED AT THE RATE
INCORPORATED BUSINESS ENTITY.
OF 10% AS PROVIDED BY ORDINANCE. FAILURE TO FILE A TIMELY TAX
RETURN MAY RESULT IN A MAXIMUM PENALTY OF $100 PER YEAR.
3.
NET PROFIT: NET PROFIT IS THE INCOME FROM THE OPERATION OF A
BUSINESS, PROFESSION OR ENTERPRISE AND FROM THE USE OF
INTEREST IS IMPOSED AT 18% (1.5% PER YEAR OR FRACTION THEREOF) AS
PROPERTY, AFTER THE PROVISION FOR ALL ORDINARY AND NECESSARY
PROVIDED BY ORDINANCE.
EXPENSES, EITHER PAID OR ACCRUED, IN ACCORDANCE WITH THE
11. AFFILIATED LOSSES: AFFILIATED CORPORATIONS MAY NOT DEDUCT A
ACCOUNTING SYSTEM USED BY THE TAXPAYER FOR FEDERAL INCOME TAX
LOSS FROM ANY OTHER CORPORATION HAVING A TAXABLE PROFIT AND
PURPOSES, ADJUSTED TO THE REQUIREMENTS OF THE DUBLIN INCOME
OPERATIONS OF ANY AFFILIATED CORPORATION HAVING A LOSS MAY NOT
TAX ORDINANCE. NOTE THAT CITY, FEDERAL OR STATE TAXES BASED ON
BE TAKEN INTO CONSIDERATION IN COMPUTING NET PROFITS OR
INCOME ARE NOT DEDUCTIBLE IN DETERMINING NET PROFIT.
BUSINESS ALLOCATION PERCENTAGE FORMULA.
4.
ALLOCATION OF PROFITS: THE BUSINESS ALLOCATION PERCENTAGE
12. AMENDED RETURNS: TO FILE AN AMENDED RETURN, COMPLETE A NEW
FORMULA IS TO BE USED BY CORPORATIONS OR NON-RESIDENT
TAX FORM WITH THE CORRECT INFORMATION. INDICATE IN RED INK
BUSINESS ENTITIES DOING BUSINESS WITHIN AND OUTSIDE OF DUBLIN.
ACROSS THE TOP OF THE FORM “AMENDED RETURN.”
DETERMINE THE RATIO OF THE DUBLIN PORTION OF:
13. PARTNERSHIPS: PARTNERSHIPS MAY PAY ANY TAX DUE AND ELIMINATE
A.
ORIGINAL VALUE OF REAL AND TANGIBLE PROPERTY INCLUDING:
THE FILING REQUIREMENT FOR EACH NON-RESIDENT PARTNER. IF THE
BUILDINGS AND OTHER DEPRECIABLE ASSETS.
PARTNERSHIP FILES AN INFORMATION RETURN ONLY, THE PARTNERS WILL
BE REQUIRED TO FILE ON THEIR DISTRIBUTIVE SHARE.
B.
TOTAL SALES, REGARDLESS OF WHERE MADE.
14. DISCLAIMER: DEFINITIONS AND INSTRUCTIONS ARE ILLUSTRATIVE ONLY.
C. TOTAL COMPENSATION PAID TO ALL EMPLOYEES.
THE TAX ORDINANCE SUPERSEDES ANY INTERPRETATION PRESENTED.
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