316
NEW JERSEY CORPORATION BUSINESS TAX
FORM
(07-15, R-09)
BUSINESS RETENTION AND RELOCATION TAX CREDIT
2015
FOR RETURN PERIODS ENDING ON AND AFTER JULY 31, 2014
Name as Shown on Return
Federal ID Number
NJ Corporation Number
READ THE INSTRUCTIONS BEFORE COMPLETING THIS FORM
PART I
TAXPAYER QUALIFICATIONS
1. Has the taxpayer entered into an agreement with the New Jersey Commerce Commission
to undertake a project to relocate and retain full-time jobs within New Jersey? . . . . . . . . . . . . . . . . . . . . . . . . . . . ¨ YES
¨ NO
2. Has the taxpayer attached the Business Retention and Relocation Tax Credit Certificate issued by the
New Jersey Division of Taxation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¨ YES
¨ NO
NOTE: If the answer to either of the above questions is “NO”, do not complete the rest of this form. The taxpayer does not qualify for the
business retention and relocation tax credit, otherwise, go to Part II.
PART II
CALCULATION OF THE AVAILABLE BUSINESS RETENTION AND RELOCATION TAX CREDIT
3. Enter the approved tax credit amount as reported on the attached Business Retention and Relocation
Tax Credit Certificate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. Enter the Business Retention and Relocation Tax Credit carried forward from the prior tax period . . . . . . . .
4.
5. Total tax credit available (add lines 3 and 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5.
PART III
CALCULATION OF THE ALLOWABLE CREDIT AMOUNT
6. Enter tax liability from page 1, line 9 of CBT-100 or BFC-1, or line 4 of CBT-100S . . . . . . . . . . . . . . . . . . . . .
6.
7. Enter the required minimum tax liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8. Subtract line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9. Tax Credits taken on current year’s return:
a) ______________________________
______________________________
b) ______________________________
______________________________
c) ______________________________
______________________________
d) ______________________________
______________________________
Total
9.
10. Subtract line 9 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.
11. Allowable credit for the current tax period. Enter the lesser of line 5 or line 10 here and on
Schedule A-3 of the CBT-100, the CBT-100S or the BFC-1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.