Form Ct-3-C - Consolidated Franchise Tax Return

Page 4 of 4 CT-3-C (2013)

Instructions

Form CT-1, Supplement to Corporation Tax

Reporting period —

Use this tax return for calendar year 2013

and fi scal years that begin in 2013 and end in 2014.

Instructions

You can also use the 2013 return if:

See Form CT-1 for the following topics:

• you have a tax year of less than 12 months that begins and ends in

• Changes for the current tax year (general and by Tax Law Article)

2014, and

• Business information (how to enter and update)

• the 2014 return is not yet available at the time you are required to fi le

• Entry formats

the return.

— Dates

In this case you must show your 2014 tax year on the 2013 return and

— Negative amounts

take into account any tax law changes that are effective for tax years

— Percentages

beginning after December 31, 2013.

— Whole dollar amounts

All fi lers must complete the beginning and ending tax year boxes in the

• Are you claiming an overpayment?

upper right corner on page 1 of the form.

• Third-party designee

Line instructions

• Paid preparer identifi cation numbers

Complete Schedules B through E before completing Schedule A.

• Is your return in processible form?

Obtain the DISC information for Schedules B through E from the DISC

• Use of reproduced and computerized forms

information report, Form CT-3-B.

• Electronic fi ling and electronic payment mandate

Schedule A —

Compute a tax for each taxable base (Parts 1

• Web File

through 5) and if applicable, transfer the amounts to Form CT-3.

• Form CT-200-V

Note: As stated in Stockholder of tax-exempt DISC included in a

• Collection of debts from your refund or overpayment

combined group, stockholders included as part of combined returns

complete only certain lines of Schedule A and do not compute tax

• Fee for payments returned by banks

amounts.

• Reporting requirements for tax shelters

Lines 10, 18, 26, and 34 — Find the appropriate tax rates in

• Tax shelter penalties

Form CT-3/4-I, Instructions for Forms CT-4, CT-3, and CT-3-ATT.

• Voluntary Disclosure and Compliance Program

Line 41 — For complete details, see Form CT-38, Schedule A

• Your rights under the Tax Law

instructions. Also enter the amount from this line on Form CT-38,

• Need help?

line 18.

• Privacy notifi cation

Schedule B, Parts 1 and 2 —

The receipts factor is the business

allocation percentage (BAP) and the alternative BAP.

Who must ﬁ le Form CT-3-C —

All corporate stockholders

in domestic international sales corporations (DISCs) must fi le this

DISC columns — Enter at the top of each column the percentage

consolidated return when the DISC is exempt from tax under Tax Law

owned, based on issued and outstanding capital stock. Enter the

Article 9-A. The return must include information about the stockholder

stockholder’s attributable share of amounts reported by the DISC on

and tax-exempt DISCs in which the stockholders own stock.

Form CT-3-B.

Required forms —

The tax-exempt DISC must complete and fi le

Column B — Intercorporate eliminations — You must base

Form CT-3-B, Tax-Exempt Domestic International Sales Corporation

intercorporate eliminations on the respective reporting periods of

(DISC) Information Return. The stockholder of the DISC must complete

the stockholders and the DISCs. Attach a statement explaining all

and fi le Form CT-3-C and either Form CT-3, General Business

intercorporate eliminations.

Corporation Franchise Tax Return, or Form CT-3-A, General Business

• Schedule B — Eliminate intercorporate business receipts.

Corporation Combined Franchise Tax Return. Copies of the information

• Schedule E — Eliminate deemed and actual dividends received from

return for tax-exempt DISCs, Form CT-3-B, must accompany

DISCs to the extent included in ENI. Also eliminate intercorporate

Form CT-3-C.

assets and liabilities.

General instructions —

List names and employer identifi cation

numbers of the stockholder and DISCs in the spaces provided.

The information requested on this form may be found on Forms CT-3;

CT-3-ATT, Schedules B, C, and D — Attachment to Form CT-3; and

CT-38, Minimum Tax Credit, fi led by the stockholder; and CT-3-B, fi led

by the tax-exempt DISC. When the tax period of the DISC differs from

that of its stockholder, the period of the DISC that ends within the

period of the stockholder is consolidated on Form CT-3-C.

Stockholder of tax-exempt DISC included in a combined

group —

If the stockholder of a tax-exempt DISC fi les as a part of a

combined group, it does not fi le Form CT-3. However, the stockholder

should record its own information on Schedules B through E as if

it had fi led Form CT-3 (obtain instructions for specifi c lines from

Form CT-3-A-I, Instructions for Forms CT-3-A, CT-3-A/ATT, and

CT-3-A/B, under Line instructions for Forms CT-3-A and CT-3-A/B).

Then, only carry information to Schedule A, from Schedules B through

E, for lines 1, 4, 8, 11, 14, 19, 21, 24, 27, 29, 32, and 42. Such

information will then be listed on Form CT-3-A for the stockholder.

502004130094

Form Ct-3-C - Consolidated Franchise Tax Return - 2013 Page 4

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