Form 316 - Business Retention And Relocation Tax Credit - New Jersey Corporation Business Tax - 2012

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316
NEW JERSEY CORPORATION BUSINESS TAX
FORM
(09-12, R-3)
BUSINESS RETENTION AND RELOCATION TAX CREDIT
2012
FOR RETURN PERIODS ENDING ON AND AFTER JULY 31, 2012
Name as Shown on Return
Federal ID Number
NJ Corporation Number
READ THE INSTRUCTIONS BEFORE COMPLETING THIS FORM
PART I
TAXPAYER QUALIFICATIONS
1. Has the taxpayer entered into an agreement with the New Jersey Commerce Commission
to undertake a project to relocate and retain full-time jobs within New Jersey? . . . . . . . . . . . . . . . . . . . . . . . . . . .
YES
NO
2. Has the taxpayer attached the Business Retention and Relocation Tax Credit Certificate issued by the
New Jersey Division of Taxation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
YES
NO
NOTE: If the answer to either of the above questions is “NO”, do not complete the rest of this form. The taxpayer does not qualify for the
business retention and relocation tax credit, otherwise, go to Part II.
PART II
CALCULATION OF THE AVAILABLE BUSINESS RETENTION AND RELOCATION TAX CREDIT
3. Enter the approved tax credit amount as reported on the attached Business Retention and Relocation
Tax Credit Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. Enter the Business Retention and Relocation Tax Credit carried forward from the prior tax period . . . . . . . .
4.
5. Total tax credit available (add lines 3 and 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.
PART III
CALCULATION OF THE ALLOWABLE CREDIT AMOUNT
6. Enter tax liability from page 1, line 9 of CBT-100 or BFC-1, or line 4 of CBT-100S . . . . . . . . . . . . . . . . . . . . .
6.
7. Enter the required minimum tax liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8. Subtract line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9. Enter 50% (.50) of the tax liability reported on line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
10. Enter the lesser of line 8 or line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
11. Tax Credits taken on current year’s return:
a) Urban Transit Hub Tax Credit . . . . . . . . . . . . . . . .__________________________
b) Grow New Jersey Tax Credit . . . . . . . . . . . . . . . .__________________________
c) HMO Assistance Fund Tax Credit . . . . . . . . . . . . .__________________________
d) New Jobs Investment Tax Credit . . . . . . . . . . . . .__________________________
e) Urban Enterprise Zone Tax Credit . . . . . . . . . . . .__________________________
f) Redevelopment Authority Project Tax Credit . . . .__________________________
g) Recycling Equipment Tax Credit . . . . . . . . . . . . . .__________________________
h) Manufacturing Equipment and Employment
Investment Tax Credit . . . . . . . . . . . . . . . . . . . . . .__________________________
i) Research and Development Tax Credit . . . . . . . .__________________________
j) Small New Jersey-Based High-Technology
Business Investment Tax Credit . . . . . . . . . . . . . .__________________________
k) Neighborhood Revitalization State Tax Credit . . . .__________________________
l) Effluent Equipment Tax Credit . . . . . . . . . . . . . . . .__________________________
m) Economic Recovery Tax Credit . . . . . . . . . . . . . . .__________________________
n) Remediation Tax Credit . . . . . . . . . . . . . . . . . . . . .__________________________
o) AMA Tax Credit . . . . . . . . . . . . . . . . . . . . . . . . . . .__________________________ . . . . . . . . .Total . . 11.
12. Subtract line 11 from line 10 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.
13. Allowable credit for the current tax period. Enter the lesser of line 5 or line 12 here and on
Schedule A-3 of the CBT-100, the CBT-100S or the BFC-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.

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