Form 42 - Idaho Apportionment And Combined Reporting Adjustments - 2011
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42
IDAhO APPOrTIONMeNT AND COMBINeD rePOrTING
O
r
ADJUSTMeNTS
M
EFO00029
08-02-11
Attach to the Idaho Income Tax return as page 3
Federal employer identification number
name as shown on return
PArT I. APPOrTIONMeNT FOrMULA
PrOPerTy (OwnEd prOpErTy AT OrIgInAl cOST)
TOTAl
IdAHO
pErcEnTAgE
BEgInnIng OF yEAr
1. Inventories ........................................................................................
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2. real and tangible personal property .................................................
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End OF yEAr
3. Inventories ........................................................................................
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4. real and tangible personal property .................................................
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5. Total of lines 1 through 4 ...................................................................
6. Average. line 5 divided by 2 ............................................................
7. rented property (capitalized at 8 times rents paid) ..........................
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8. Total property. Add lines 6 and 7 ......................................................
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9. Idaho property percentage. compute percentage to four decimal places ...................................................................................
%
SALeS (grOSS rEcEIpTS)
10. gross sales, less returns and allowances .........................................
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11. Sales delivered or shipped to Idaho purchasers ...............................
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12. Idaho "throwback" sales ....................................................................
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13. Sales of services ...............................................................................
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14. Other business gross receipts ..........................................................
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15. Total gross receipts. Add lines 10 through 14 ..................................
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16. Idaho sales percentage. compute percentage to four decimal places ........................................................................................
%
17. Idaho sales percentage doubled. Multiply line 16 by 2. Utility companies see instructions ........................................................
%
PAyrOLL
18. Total wages and salaries ...................................................................
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19. Idaho payroll percentage. compute percentage to four decimal places ......................................................................................
%
20. TOTAL PerCeNTAGe. Add lines 9, 17, and 19. Utility companies add lines 9, 16, and 19 .....................................................
%
21. IDAhO APPOrTIONMeNT FACTOr. See instructions ..............................................................................................................
%
PArT II. COMBINeD rePOrTING ADJUSTMeNTS
wATEr'S EdgE
wOrldwIdE
ADDITIONS
1. Income of unitary foreign subsidiaries. See instructions ........................................................
1
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2. Federal taxable income of unitary subsidiaries not included on the federal return .................
2
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3. Income of foreign corporations subject to federal taxation .....................................................
3
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4. Intercompany transactions eliminated on the federal return ...................................................
4
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5. Other additions. Include explanation ......................................................................................
5
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6. Total additions. Add lines 1 through 5. Enter on Form 41, line 17 .........................................
6
SUBTrACTIONS
7. Federal taxable income of nonunitary subsidiaries included on the federal return .................
7
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8. Exclusion for foreign dividends
8a ▪
a. Foreign dividends .............................................................................................................
b. Enter 80% if no spreadsheets filed or 85% if spreadsheets filed .....................................
8b
%
c. dividend exclusion. Multiply line 8a by line 8b ................................................................
8c ▪
9. Intercompany dividends included on the combined return ......................................................
9
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10. Intercompany transactions included on the federal return ......................................................
10 ▪
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11. Other subtractions. Include explanation .................................................................................
11 ▪
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12. Total subtractions. Add lines 7, 8c, 9, 10, and 11. Enter on Form 41, line 29 ......................
12
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