Virginia Schedule 500a - Multistate Corporation - 2014

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Multistate Corporation

2014

Virginia

*VAcpsA114888*

Schedule 500A

Allocation and Apportionment of Income

Name

Check Here if Filing a Consolidated or Combined Return

FEIN

Section A - Apportionment Method

1 Motor Carrier Mileage Factor (see instructions) ...........................

6 Manufacturer’s Modified Apportionment Method

Sales Factor (see instructions for requirements) . ..........................

If an exception applies, check the applicable box below.

(a) Enter Beginning Date of Election Year

_____/_____/_____

Exception 1

Exception 2

(b) Wage and Employment Certification Required each year:

2 Financial Corporation Cost of Performance Factor . ..................

Check to certify that the average weekly wages of the full-

(see instructions)

time employees is greater than the lower of the state or local

average weekly wages for its industry, and that the average

3 Construction Corporation

annual number of full-time employees of the manufacturing

Completed Contract Basis Sales Factor (see instructions) . ........

company is at least 90 percent of the base year

employment. . ........................................................................

4 Railway Company Revenue Car Miles (see instructions) ............

7 Multi-Factor Formula with Double-Weighted

Sales Factor (see instructions) . ......................................................

5 Retail Company Apportionment (see instructions) ......................

Section B - Apportionment Computation

TOTAL

VIRGINIA

PERCENTAGE

Single Factor Computations: Motor Carriers, Financial Corporations,

Construction Corporations, Railway Companies, and Manufacturers who

elected the Modified Apportionment Method in Section A with a taxable

year beginning on or after July 1, 2014. (see instructions). . ..................

.00

Multifactor Computations

(a) Property Factor (see instructions) ....................................................

2(a)

.00

(b) Payroll Factor (see instructions) ......................................................

2(b)

.00

2(c)

.00

(d) Standard (Double-Weighted) Sales Factor Apportionment Sales Factor: Multiply the sales factor from Line 2(c)

by 2. (see instructions) ...................................................................................................................................................

2(d)

(e) Triple-Weighted Sales Factor Apportionment. Use this computation if you are a Retail Company with a taxable

year beginning before July 1, 2014. Multiply the Sales Factor from Line 2(c) by 3. ......................................................

2(e)

(f) Quadruple-Weighted Sales Factor Apportionment. Use this computation if you elected the Manufacturer’s Modified

Apportionment Method in Section A with a taxable year beginning before July 1, 2014, or if you are a Retail Company

with a taxable year beginning on or after July 1, 2014. Multiply the Sales Factor from Line 2(c) by 4. . ........................

2(f)

(g) Sum of Percentages. If using a double-weighted sales factor, add Lines 2(a), 2(b) and 2(d). If using a triple-weighted

sales factor, add Lines 2(a), 2(b) and 2(e). If using a quadruple-weighted sales factor, add Lines 2(a), 2(b) and 2(f) ..

2(g)

(h) Multifactor Percentage. Divide Line 2g by 4 (for double-weighted sales) or 5 (for triple-weighted sales) or 6 (for

2(h)

quadruple-weighted sales), reduced by the number of factors, if any, having no denominator. . ....................................

Income Subject to Virginia Tax

(a) Virginia Taxable Income from Form 500, Line 7 .......................................................................................................

3(a)

.00

(b) Total Dividends (total amount of allocable income) ..................................................................................................

3(b)

.00

(c) Nonapportionable Investment Function Income from Form 500, Line 8(c) ..............................................................

3(c)

.00

(d) Add Lines 3(b) and 3(c) ............................................................................................................................................

3(d)

.00

(e) Nonapportionable Investment Function Loss from Form 500, Line 8(d) ..................................................................

3(e)

.00

(f) Total Nonapportionable Income. Line 3(d) minus Line 3(e) . .....................................................................................

3(f)

.00

(g) Income Subject to Apportionment. Line 3(a) minus Line 3(f) . ...................................................................................

3(g)

.00

(h) Income Apportioned to Virginia. (Multiply the percentage from Line 1 or Line 2(h) by Line 3(g)) . ............................