Maryland Form 500mc - Report Of Multistate Manufacturing Corporation - 2013 Page 2
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1
2REPORT OF MULTISTATE
MARYLAND
page 2
FORM
MANUFACTURING
500MC
CORPORATION
2013
Column 1
Column 2
Column 3
COMPUTATION OF APPORTIONMENT FACTOR WORKSHEET
TOTALS WITHIN
DECIMAL FACTOR
TOTALS WITHIN
(Applies only to multistate corporations)
AND WITHOUT
MARYLAND
(Column 1 ÷ Column 2
MARYLAND
rounded to six places)
1A. Receipts a. Gross receipts or sales less returns and allowances . . .
b. Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c. Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d. Gross rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e. Gross royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
f. Capital gain net income . . . . . . . . . . . . . . . . . . . . . .
g. Other income (Attach schedule.) . . . . . . . . . . . . . . . .
h. Total receipts (Add lines 1A(a) through 1A(g),
.
for Columns 1 and 2.) . . . . . . . . . . . . . . . . . . . . . . . . .
1B. Receipts Enter the same factor shown on line 1A, Column 3.
.
Disregard this line if special apportionment formula used.
2. Property a. Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
b. Machinery and equipment . . . . . . . . . . . . . . . . . . . . .
c. Buildings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
d . Land . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
e. Other tangible assets (Attach schedule.) . . . . . . . . . .
f. Rent expense capitalized (Multiplied by eight.) . . . . . .
g. Total property (Add lines 2a through 2f,
.
for Columns 1 and 2.) . . . . . . . . . . . . . . . . . . . . . . .
3. Payroll
a. Compensation of officers . . . . . . . . . . . . . . . . . . . . . .
b. Other salaries and wages . . . . . . . . . . . . . . . . . . . . . .
.
c. Total payroll (Add lines 3a and 3b, for Columns 1 and 2.) .
.
4. Total of factors (Add entries in Column 3.) . . . . . . . . . . . . . . . . .
5. Maryland apportionment factor Divide line 4 by four for three-factor formula, or by the number of factors
.
used if special apportionment formula required. (If factor is zero, enter 000001 on line 2 page 1.) . . . . . . . . .
Purpose of Form
Specific Instructions
Under the Tax Reform Act of 2007, as amended by Chapter
Enter the identifying information at the top of Form 500MC,
177/178 (Senate Bill 444/House Bill 664) of the 2008 regular
and then answer the two questions that follow, using the check
session of the General Assembly, the Comptroller of Maryland is
boxes provided.
required to report to the General Assembly each manufacturing
Lines 1 through 8.
corporation that has more than 25 employees and apportions its
Instructions for each of these lines are provided on
income under the single sales factor. These corporations should
page 1 of Form 500MC.
complete Form 500MC which serves to provide the comparison
between using a single-factor apportionment formula and the
Line 9.
Volume of sales (receipts).
three-factor formula that was required prior to January 1, 2001,
Enter the amount from line 1A.a, page 3 of Form
as described in statute and regulation.
500 or page 2 of Form 510. Enter the amount from
Additional information on the Tax Reform Act of 2007 may
column 1 for “In Maryland” and from Column 2 for
be found at .
Our
“Worldwide.”
corporate information reporting hot line is 410-767-
Line 10.
Taxable income.
3015 (toll-free 866-588-2086).
For Form 500, enter the amount from line 13, page
General Instructions
1 for “In Maryland” and from line 1a, page 1 for
Multistate manufacturing corporations are required to use a
“Worldwide.” For Form 510, enter the amount from
single-factor apportionment formula based on receipts. If the
line 4, page 1 for “In Maryland” and line 2, page 1
corporation has more than 25 employees, Form 500MC also
for “Worldwide.”
must be filed.
Line 11.
Book value of plant, land and equipment.
Complete the worksheet above using the standard three-factor
Enter the book value of your plant, land and
formula. See instructions for completing Schedule A for Forms
equipment in Maryland and worldwide as they are
500 or 510. Submit the completed 500MC form with the income
valued at the end of the tax year.
tax return.
COM/RAD 317
13-49
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