Form Tc-20 - Utah Corporation Franchise Or Income Tax Return Instructions - 2011 Page 24
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25Sales Factor Weighted
• If the numerator is zero, but a denominator is present,
include that factor in the number of factors present.
Taxpayers Only
Enter the apportionment fraction (decimal) here and
See instructions on page 20 for the defi nition and
on Schedule A, line 12.
qualifi cations of a sales factor weighted taxpayer re-
quired to use Part 3.
Specialized Apportionment
Line 14 – Four Times the Sales Factor
Laws and Rules
Multiply the sales factor (decimal) from line 6 by 4. This
will result in the sales factor being considered four times
• Specialized apportionment procedures apply for:
in the calculation.
• Trucking Companies (R865-6F-19)
Line 15 – Total Factors
• Railroads (R865-6F-29)
Enter the sum of the factors from lines 2, 4 and 14.
• Publishing Companies (R865-6F-31)
Line 16 – Apportionment Fraction
• Financial Institutions (R865-6F-32)
Calculate the apportionment fraction for a sales factor
• Telecommunications (R865-6F-33)
weighted taxpayer to six decimals by dividing line 15
by the number of factors used (typically 6 – property,
• Registered Securities or Commodities Broker or
payroll and four times the sales factor).
Dealer (R865-6F-36)
• If one or more of the factors are not present (i.e.,
• Airlines (UC §§59-7-312 thru 319)
there is a zero in the denominator on lines 1f or 3a
• Sale of Management, Distribution or Administration
in column B), divide by the number of factors pres-
Services to or on Behalf of a Regulated Investment
ent (allowing four factors for sales).
Company (UC §59-7-319(5))
Schedule M – Corporations Included in
Combined Filings Instructions
Minimum Tax
Any corporation fi ling a combined report must complete
Schedule M if one or more of the subsidiaries or affi li-
ated corporations is incorporated, qualifi ed, or doing
Line a – Number of Corporations
business in Utah. Federal schedules are not acceptable
Enter on line “a” the total number of corporations incor-
as substitutes.
porated, qualifi ed and doing business in Utah (including
the parent corporation if incorporated, qualifi ed or doing
Use of any other form as a substitute for Schedule M is
business in Utah) that are listed on the Schedule M.
only acceptable with prior approval from the Tax Com-
mission. See Pub 99, Guidelines for Substitute and Cop-
Line b – Total Minimum Tax
ied Utah Tax Forms, online at tax.utah.gov/forms.
Multiply the number of corporations listed on line “a”
by $100 (the minimum tax). Also, enter this amount on
List only corporations incorporated, qualifi ed or doing
Schedule A, line 18b.
business in Utah. Corporations not listed on Schedule
M will not be considered to have met the Utah fi ling
requirements. Use the Schedule M Supplemental Sheet
if you need more space.
Page 22
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