Fillable Form Urt-1 - 2012 Indiana Utility Receipts Tax Return

Consolidated Return of an Affiliated Group

liability by electronic funds transfer (EFT). If the pay-

ment is made by EFT, the taxpayer is not required to

Corporations are considered to be affiliated if at least

file an estimated return. Estimated payments are due

80 percent of the voting stock of one corporation is

on the 20th day of the fourth, sixth, ninth, and twelfth

owned by another corporation. Corporate members of

months of the taxpayer’s taxable year. If you have

an affiliated group that are incorporated in Indiana or

questions about the EFT registration process, you can

authorized to do business in Indiana can file a consoli-

call (317) 232-5500. You can get the EFT registration

dated utility receipts tax return. An election to file a

form (EFT-1) on the Department’s website at

consolidated return must be made at the time that the

group files its first return. If an election is made, the

taxpayer must continue to file consolidated until the

Annual Returns

Department allows the taxpayer to change the man-

ner in which it files its utility receipts tax return. All

Form URT-1 should be filed annually if you are sub-

affiliated groups filing consolidated income tax returns

ject to the utility receipts tax. The return is due on the

with the Department must enclose Schedule 8-D,

15th day of the fourth month following the close of

Schedule of Indiana Affiliated Group Members,

the taxpayer’s taxable year. Check box A1 at the top of

which is available from the Department at

the form if you are filing an amended return.

Extension of Time to File Payment

Select checkbox #3 in question M, below the address

The extension payment form URT-Q is used to make

section, to indicate whether this is a consolidated filing.

a payment when additional time is necessary for filing

the annual utility receipts tax return. A penalty for

Note: For more detailed information concerning the

late payment will not be imposed if at least 90 percent

utility receipts tax, get Commissioner’s Directive #18,

of the tax due is paid by the original due date and the

available online at

remaining balance, plus interest, is paid in full by the

extended due date. You must enclose a copy of the

Utility Services Use Tax

federal extension of time to file the annual income tax

Since July 1, 2006, an excise tax known as the utility

form with your URT-1 return.

services use tax has been imposed on the retail con-

sumption of utility services in Indiana at the rate of

The Department recognizes the IRS’s application for

1.4 percent where the utility receipts tax is not paid

automatic extension of time to file (Form 7004) or

by the utility providing the service.

an electronic extension of time for filing the annual

federal income tax return. If an extension applies, you

Your entity might be liable for this tax if you pur-

must check box L on the front of the return. You do

chase utility services from outside Indiana (or

not need to file a separate copy of Form 7004 with

anywhere if for resale) and become the end user in

the Department to request an Indiana extension. If

Indiana of any part of the purchase. The person who

an extension payment for Indiana is not due, you do

consumes the utility service is liable for the utility

not need to submit a copy of the federal extension

services use tax based on the price of the purchase.

separately, but you should enclose it with your annual

Unless the seller of the utility service is registered

utility receipts tax return when filing.

with the Department to collect the utility services

use tax on your behalf, you are required to remit this

Returns received within 30 days after the last date

tax on Form USU-103. For more information, get

indicated on an enclosed federal extension will be

Commissioner’s Directive #32, available online at

considered timely filed. If you do not need a federal

extension, you can request an Indiana extension of

time to file by writing to the Indiana Department of

Revenue, Returns Processing Center, Tax Administra-

tion, 100 N. Senate Ave., Indianapolis, IN 46204-2253.

Form Urt-1 - 2012 Indiana Utility Receipts Tax Return - 2012 Page 4

Related Articles

Related forms

Related Categories