Fillable Form Co-419 - Vermont Apportionment Of Foreign Dividends (Page 2 of 2) in pdf

Vermont Department of Taxes

APPORTIONMENT OF FOREIGN DIVIDENDS, FORM CO-419

INSTRUCTIONS – Unitary Filing Only (VT Form CO-411-U)

Add Lines 5, 9, and 13 and enter the sum here.

Please print clearly in BLUE or BLACK ink only.

Line 14

NOTE: Complete Form CO-419 for each affiliate that has

Divide Line 14 by 4 or see the NOTE below.

Line 15

Express as a decimal to 6 places.

foreign dividends apportionable to Vermont. If some or

all members of the unitary group are electing to be treated

NOTE: If there are less than 3 factors with an

as a consolidated filer within the unitary group, prepare

“Everywhere” denominator, then divide Line 14

one CO‑419 combining the information of all included

as follows:

companies. A printed copy containing all information

• Sales/Receipts and Salaries and Wages . . Divide by 3

required on CO‑419 may be substituted.

• Sales/Receipts and Property . . . . . . . . . . Divide by 3

Form CO-419 is used to compute the modified apportionment

• Payroll and Property . . . . . . . . . . . . . . . . Divide by 2

percentage needed to determine the amount of foreign

dividends that are to be included in Vermont taxable income

• Sales/Receipts only . . . . . . . . . . . . . . . . . Divide by 2

for the Water’s Edge Combined Group. Prior to completing

• Property OR Salaries and Wages only . . Divide by 1

Form CO-419, you must first complete Form BA-402, Part

Enter the result of your calculation on Line 15

2 and Form CO-420 for each affiliate.

expressed as a decimal to 6 places. This is the

Complete Form BA-402, Part 2 and enter the amount of

modified apportionment percentage to be applied

Everywhere and Vermont Sales, Salaries and Wages, and

to taxable foreign dividends.

Property on Lines 1, 6, and 10 respectively, on Form CO-419.

Enter the amount of taxable foreign dividends here.

Line 16

Complete Form CO-420. The Foreign Dividend Factor

This amount must agree with Form BA-402, Part 1,

Increments calculated on CO-420 for Sales and Receipts,

Line 1c.

Salaries and Wages, and Property must be carried to Form

Multiply Line 16 by the modified apportionment

Line 17

CO-419.

percentage on Line 15. This is the Vermont

Transcribe amounts from Form BA-402, Lines 12a

Foreign Dividends Taxable Income. Enter this

Line 1

and 12b.

amount here and also on Form BA-402, Part 1,

Line 1d of this affiliate.

Transcribe the Modified Sales Increment from

Line 2

Form CO-420, Column L.

CONTACTING THE DEPARTMENT

Add Lines 1 and 2. Enter the result here.

Line 3

Divide Line 3, Column B by Line 3, Column A.

Line 4

Mailing address:

Vermont Department of Taxes

Express as a decimal to 6 places.

133 State Street

Multiply Line 4 by 2. Express as a decimal to 6

Line 5

Montpelier, VT 05633-1401

places.

Taxpayer Services: (802) 828-5723

Transcribe the amounts from Form BA-402, Lines

Line 6

13a and 13b.

Email Address: tax-corpincome@state.vt.us

Transcribe the Modified Salaries and Wages

Line 7

Web site Address:

Increment from Form CO-420, Column M.

Fax: (802) 828-5787

Add Lines 6 and 7. Enter the result here.

Line 8

Forms: (802) 828-2515

Divide Line 8, Column B by Line 8, Column A.

Line 9

Express as a decimal to 6 places.

Transcribe the amounts from Form BA-402, Lines

Line 10

20a and 20b.

Transcribe the Modified Property Increment from

Line 11

Form CO-420, Column N.

Add Lines 10 and 11. Enter the result here.

Line 12

Divide Line 12, Column B by Line 12, Column A.

Line 13

Express as a decimal to 6 places.

Form Co-419 - Vermont Apportionment Of Foreign Dividends Page 2

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