Form Ct-605 - Claim For Ez Investment Tax Credit And Ez Employment Incentive Credit For The Financial Services Industry - 2014

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CT-605
New York State Department of Taxation and Finance
Claim for EZ Investment Tax Credit and
EZ Employment Incentive Credit for the
Financial Services Industry
Tax Law – Article 9-A, Sections 210.12-B and 210.12-C
All filers must enter tax period:
beginning
ending
Employer identification number(s) shown on page 1 of your tax return
File this claim with your corporation franchise
Legal name of corporation filing the franchise tax return
tax return, Form CT-3, CT-3-S, or CT-3-A.
Attach a copy of the Certificate of Eligibility
Name of empire zone (EZ)
and retention certificate.
A Mark an X in the box if you are claiming this credit as a corporate partner
.................................
(see instructions)
A
Schedule A – Eligibility and empire zone investment tax credit (EZ-ITC)
(see instructions)
Important: If this is your first tax year, do not complete Parts 1, 2, and 3. Begin with Part 4.
Part 1 – 80% current-year test
Computation of percentage of administrative and support employees
(see instructions)
in New York State for the current tax year
Current tax year
March 31
June 30
September 30 December 31
Total
Number of administrative and support
employees in New York State
1a Average number of administrative and support employees in New York State
(divide Total column by four;
...........................................................................................
carry the result to two decimal places, but do not round)
1a
Number of administrative and
support employees everywhere
1b Average number of administrative and support employees everywhere
(divide Total column by four; carry
...................................................................................................
the result to two decimal places, but do not round)
1b
2 Percentage of administrative and support employees in New York State
(divide line 1a by line 1b; carry the result to
.....................................................................................................................
2
%
two decimal places, but do not round)
Does the percentage on line 2 equal or exceed 80%? ............................................................................................Yes
No
If Yes, skip Parts 2 and 3, and continue with Part 4. If No, you do not qualify using the current-year test.
Part 2 – 95% three-year back-office test
Computation of average number of administrative and
(see instructions)
support employees in New York State for the current tax year and three-year test period
Current tax year
March 31
June 30
September 30 December 31
Total
Number of administrative and support
employees in New York State
3a Average number of administrative and support employees in New York State for current tax year
..........................................................................................
3a
(carry the result to two decimal places, but do not round)
Number of administrative and
March 31
June 30
September 30 December 31
Total
support employees in New York
State during three-year test period
A First year
B Second year
C Third year
D Total number of administrative and support employees in New York State for three-year
test period
............................................................................
(add Total column lines A, B, and C)
3b Average number of administrative and support employees in New York State for three-year test period
..........................................................................................
3b
(carry the result to two decimal places, but do not round)
4 Percentage of employment for administrative and support employees in New York State
.......................................................
(divide line 3a by line 3b; carry the result to two decimal places, but do not round)
4
%
Does the percentage on line 4 equal or exceed 95%? ............................................................................................Yes
No
If Yes, skip Part 3 and continue with Part 4. If No, you do not qualify using the three-year back-office test.
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