Form Bpt 2000 (Hj) - Computation Of Tax On Net Income And Gross Receipts (Page 3 of 4) in pdf

PART II. COMPUTATION OF TAX ON

BP T 2000 (HJ)

T 2000 (HJ)

GROSS RECEIPTS

Account Number:

SCHEDULE H. COMPUTATION OF TAX ON GROSS RECEIPTS FOR: (1) TAXPAYERS REGISTERED UNDER THE PENNSYLVANIA SECURITIES

ACT OF 1972; (2) PERSONS SUBJECT TO A TAX IMPOSED PURSUANT TO ARTICLE VII, VIII, IX OR XV OF THE TAX REFORM

CODE OF 1971 (Banks, Title Insurance Companies, Trust Companies, Insurance Companies & Mutual Thrift Institutions); (3) OTHER

FINANCIAL BUSINESSES.

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1. Gross Receipts From Sales of Stocks, Bonds, Securities, Options, etc. ....................................................................

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2. Less: Cost Of Property Sold (Attach Schedule) .......................................................................................................

3. GROSS PROFIT (Line 1 less Line 2 — IF A LOSS, ENTER "ZERO") ...................................................................

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4. Other Gross Receipts ...............................................................................................................................................

5. Total Gross Receipts (Line 3 plus Line 4) .................................................................................................................

6. EXCLUSIONS:

(a) Dividends, Interest & Royalties received from other corporations of the same

6(a)

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affiliated group ......................................................................................................

(b) Dividends, Interest & Royalties received from other corporations of which the

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receiving corporation owns at least 20% of the voting power of all classes of

6(b)

stock and at least 20% of each class of non-voting stock ..................................

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6(c)

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(d) Interest received from transactions made with persons resident or having

6(d)

their principal place of business outside Philadelphia ..........................................

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(e) Interest received on other transactions to the extent of interest expense

6(e)

attributable to such other transaction ...................................................................

(f)

TAXPAYERS REGISTERED UNDER THE PA SECURITIES ACT OF

1972 ONLY: enter the amounts received from commissions, brokerage fees

and other similar charges on account of transactions affected for persons

6(f)

resident or having their principal place of business outside Philadelphia ...........

6(g)

(g) Other Exclusions (Itemize In Schedule G.) ........................................................

7. TOTAL EXCLUSIONS. (Total Of Lines 6(a) through 6(g) ..........................................................................................

8. LINE 5 Less Line 7 ..................................................................................................................................................

9. TAX ON THE AMOUNT OF LINE 8 AT .00265 (If line 8 is a loss, enter zero) ..........................................................

• Taxpayers registered under the PA Securities Act of 1972 must complete lines 10 through 23 of this schedule

• "Regulated Industries" as defined in §101(y) enter the amount of line 9 onto Schedule J, Line 3, and do not

complete the rest of this Schedule.

• "Other Financial Businesses" enter the amount of Line 9 onto Page 1, LINE 2 of the 2000 BPT return and do not

complete the rest of this schedule.

10.

Enter the amount of Line 8, above ......................................................................................................................

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11. ADD the amounts received from commissions, brokerage fees and other similar charges excluded on Line 6(f)

which are attributable to services performed within Philadelphia .................................................................................

12. Line 10 plus Line 11 ......................................................................................................................................................

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13. Enter the amount of tax shown on Schedule A or Schedule B, Line 12 .......................................................................

14. Enter the amount of tax shown on Line 9, above ..................................................................................................

15. Enter the total of Line 13 & Line 14 ......................................................................................................................

16. Enter the Amount of Line 12, Above .....................................................................................................................

17. Tax Due on the amount of Line 16 at .0046 (If line 16 is a loss, enter zero) .................................................................

18. Tax Due on the amount of Line 16 at .0023 (If line 16 is a loss, enter zero) ...............

19. (A) TAXPAYERS WHO HAVE ELECTED TO USE METHOD I FOR

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REPORTING NET INCOME, ENTER THE NET INCOME (LOSS)

19(A)

SHOWN ON SCHEDULE A, LINE 11. .........................................................

(B) TAXPAYERS WHO HAVE ELECTED TO USE METHOD II FOR

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19(B)

REPORTING NET INCOME, ENTER THE NET INCOME (LOSS)

SHOWN ON SCHEDULE H-1, LINE 10 ......................................................

20. Tax on the amount of Line 19(A) OR Line 19(B) at .023 (If line 19 is a loss,

enter zero) ..........................................................................................................

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21. Enter the LESSER of Line 18 or Line 20 .......................................................................................................................

22. Enter the total of Line 17 & Line 21 .....................................................................................................................

23. TAX DUE. ENTER HERE, AND ON LINE 2, PAGE 1 OF THE 2000 BPT RETURN, THE GREATER OF

THE TAX SHOWN ON LINE 15 OR LINE 22 ................................................................................................

UNINCORPORATED REGULATED INDUSTRIES SEE SCHEDULE K (SUPPLEMENTAL) LINE 2 FOR ADDITIONAL INSTRUCTIONS.

(HJ)