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Instructions for Form C-8010AGR,

SBT Adjusted Gross Receipts for Controlled Groups

Purpose: To determine the apportioned or allocated

determine adjusted gross receipts for purposes of the ITC

gross receipts for a controlled group to establish a filing

percentage on a consolidated basis. Include all members

requirement, and the adjusted gross receipts for the

whether or not they are required to file a return.

calculation of the Investment Tax Credit (ITC).

Adjusted gross receipts for the purpose of the ITC are

All members of an affiliated group, a controlled group of

apportioned gross receipts, plus recapture of the capital

corporations or an entity under common control must

acquisition deduction, plus the ITC recapture

complete this form.

adjustments.

Important: For further information about adjusted

Controlled groups are affiliated groups of corporations

gross receipts, see "Notice to Single Business Tax

as defined in the SBT Act or a controlled group of

Filers" on page 77.

corporations as defined in the IRC, Section 1563.

An affiliated group is two or more corporations, one of

Line-By-Line Instructions

which owns or controls, directly or indirectly, 80 percent

Lines not listed are explained on the form.

or more of the capital stock of the other corporation(s)

Line 2, Account Number. Enter the same account

with voting rights.

number used on page 1 of the Annual Return.

Entities under common control are two or more trades

Line 3, a through m. Enter the FEIN and name of each

or businesses, whether or not incorporated, under

member of the group. If more space is needed, attach a

common control as defined in the IRS Regulation

schedule identifying additional members with consecutive

1.414(c). This includes parent-subsidiary, brother-sister

letters.

or combined groups of corporations. See RAB 1989-48

Column 3A, Allocated or Apportioned Gross

for further information.

Receipts for Filing Requirements. Enter each

An entity must be included in a controlled group if it was

member’s allocated or apportioned gross receipts.

a member of the group for at least one half of the days of

Column 3B, Capital Acquisition Deduction (CAD)

the entity’s taxable year.

Recapture. Enter each member’s CAD Recapture from

Each member’s business activities attributable to its tax

Form C-8000D, SBT Recapture of Capital Acquisition

year ending within the 2006 calendar year are

Deduction, line 19.

consolidated on this form.

Column 3C, Investment Tax Credit Recapture. Enter

Apportioned or allocated gross receipts must be

each member’s Total Recapture of Capital Investments

annualized if the return is for a period less than 12

from Form C-8000ITC, line 23.

months.

Column 3D, Investment Tax Credit Adjusted Gross

Filing Requirements

Receipts. Enter the total of columns 3A, 3B and 3C for

If the taxpayer is a member of an affiliated group, a

each member.

controlled group of corporations or an entity under

Line 4, Column A and D. Total columns 3A and 3D.

common control, the group must sum its members’

Line 5, Apportioned or Allocated Gross Receipts to

apportioned or allocated gross receipts to determine if

Determine Filing Requirements for Controlled

members of the group need to file an SBT return. Do not

Groups. Enter the amount from line 4A. Do not include

include members whose apportioned or allocated gross

members whose apportioned or allocated gross receipts

receipts are less than $100,000.

are less than $100,000 in the total.

Investment Tax Credit

Note: If the sum of all of the members’ apportioned

For tax years beginning after 1999, an ITC may be

or allocated gross receipts are $350,000 or more on line

claimed for a percentage of the net costs paid or accrued

5, all members with apportioned or allocated gross

in a taxable year for qualifying tangible assets physically

receipts of $100,000 or more in column 3A must file

located in Michigan. The assets must be of a type that

an annual return. Members with apportioned or

are, or will become, eligible for depreciation or

allocated gross receipts of less than $100,000 are not

amortization for federal income tax. Mobile tangible

required to file.

assets, wherever located, which would be subject to

Line 6, Adjusted Gross Receipts for the Group, to

apportionment in the same manner as the tax base, and

Be Used for the ITC Calculation. Enter the amount

assets purchased or acquired for use outside the state and

from line 4D. Include all members. This amount will

later moved into the state also qualify for the ITC.

determine the ITC adjusted gross receipts percentage

A member of an affiliated group, a controlled group of

allowed for credit purposes. See Form C-8000ITC and

corporations or an entity under common control must also

instructions.

Instructions For Form C-8010agr - Michigan Sbt Adjusted Gross Receipts For Controlled Groups

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