Form Rct-132b - Pennsylvania Bank And Trust Company Shares Tax Report Page 4
Download a blank fillable Form Rct-132b - Pennsylvania Bank And Trust Company Shares Tax Report in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Rct-132b - Pennsylvania Bank And Trust Company Shares Tax Report with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4RCT-132B
Revenue ID
PAGE 4 OF 4
(02-15)
RCT-132B SCHEDULE A1
RECEIPTS FACTOR FOR BANK SHARES TAX
CORPORATION NAME:
TAX PERIOD: 01/01/
Act 52 of 2013 changed the manner in which institutions calculate bank shares tax, requiring institutions to include receipts from trading and
investment assets/activities in the numerator of the receipts factor by choosing one of two alternate methods referenced in the statute as
Method 1 or Method 2.
The taxpayer must complete this schedule to indicate which method is used to calculate the numerator of the receipts factor. This method
must be used on all subsequent reports unless the Department of Revenue grants PRIOR approval to change methods. If you are changing
your method, provide a copy of the revenue approval with the report (see instructions).
After the calculation is completed, the numerator must be carried to RCT-132B, Page 3, Schedule A, Line 13a
Taxpayers having only trading assets/activities: check here for Method 1.
Taxpayers having only investment assets/activities OR both trading and investment assets/activities:
check here for Method 2.
Method 1 Numerator Calculation
Total receipts from
All other PA receipts
Line13a
X
=
trading assets/activities
All other receipts
PA numerator
X
=
Method 2 Numerator Calculation
Average value of PA assets
that produce the receipts
Total receipts from investment
Line13a
X
=
and trading assets/activities
Average value of all such assets
PA numerator
=
X
1322014405
Reset Entire Form
RETURN TO PAGE 1
PRINT FORM
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial