Aerospace Credit For Aerospace Product Development Spending For Manufacturing Of Commercial Airplanes, Components, Or Aerospace Tooling printable pdf download

Aerospace Credit For Aerospace Product Development Spending For Manufacturing Of Commercial Airplanes, Components, Or Aerospace Tooling

Aerospace Credit for Aerospace Product Development

Period

Spending for Manufacturing of Commercial Airplanes,

Components, or Aerospace Tooling

Year

For expenditures made between

January 1, 2008, and December 31, 2008.

Taxpayer Name:

Tax Reg. Number:

Address:

Street

City

State

Zip

Phone Number: (

)

Instructions

1. Enter the estimated expenditures amount of qualified aerospace product development performed within

Washington State for the period listed above.

Please note: When filing your December 2008 excise tax return, you must complete this form using the

actual amounts of expenditures, tax, and credits.

2. Enter the estimated Business and Occupation (B&O) taxable amount for the periods of January 1, 2008

through December 31, 2008.

3. Multiply the amount on line 1 by .015.

4. Enter your estimated B&O liability for the period of January through December 2008.

5. Enter the lesser of line 3 or 4.

6. Enter the total amount of credits taken on prior excise tax returns, January through December 2008.

7. Subtract line 6 from line 5.

8. Enter the amount of this credit you are taking on your excise tax return.

9. Subtract line 8 from line 7.

For additional information, see reverse

1. Estimated expenditures ....................................................................

2. Estimated B&O taxable amount .......................................................

3. Estimated credit available from line 1

.015

4. Estimated B&O liability ....................................................................

5. Estimated eligible credit available ...................................................

6. Amount of credit taken in prior periods ............................................

7. Estimated credit available for this period .........................................

8. Amount of credit taken this period (enter this amount on

920

the credit section of your excise tax return) ......................................

9. Estimated eligible credit available ...................................................

All information provided is subject to future audit. Any falsification of this form may result in a 50% evasion

penalty for the B&O taxes actually due for this period.

Signature:

Date:

REV 41 0090

(06-02-08)

Aerospace Credit For Aerospace Product Development Spending For Manufacturing Of Commercial Airplanes, Components, Or Aerospace Tooling

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