Form Dr-700016 - Florida Communications Services Tax Return Page 24
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24DR-700016N
R. 01/18
Page 24
Penalty and Interest Calculation
Column S - Penalty. Add the totals of Columns J and P and enter the
result.
Penalty and interest are due on all adjustments which result in additional
tax due, except corrections of state or local tax situsing errors (revenue
Column T - Interest. Add the totals of Columns K and Q and enter the
reported in the wrong jurisdiction). If you are using the DOR database,
result.
a database certified by DOR, or a ZIP+4 database in compliance with s.
Column U - Total adjustments. Add Columns R, S, and T and enter
202.22, F.S., you will be held harmless for tax, penalty, and interest that
the result in Column U and on Page 1, Line 10 of the return. Report
would have accrued otherwise as a result of the additional tax due on
negative amounts in parentheses (amount).
transfers between jurisdictions. If you do not use a database as specified
in the previous sentence you will not be held harmless and the additional
Schedule V
tax due from the transfer to the jurisdiction with the higher tax rate will be
Multistate Credits
due, along with penalty and interest.
Column J - Penalty. See “Penalty for late payments” on Page 19 for
Who may complete this schedule?
information on calculating the penalty due.
Upon proof that you have paid a communications services tax legally
Column K - Interest. See “Interest on late payments” on Page 19 for
imposed on a provider by another state or local jurisdiction, you may
information on calculating the interest due.
take a credit against the Florida communications services tax imposed
on the provider for the same services not to exceed your Florida tax
Gross Receipts Calculation
liability in the relevant local jurisdiction for the current filing period.
Column L - Change in reported taxable sales. Enter the net
Any credit amount exceeding the current month’s tax liability must
change in taxable sales. The net change in taxable sales may include
be claimed on a subsequent return. Complete Columns A through
a reduction for eligible bad debts. Report negative amounts in
F. Direct-to-home satellite service providers must complete only
parentheses (amount).
Column G.
Column M - Rate. Enter the 2.37 percent gross receipts rate.
Note: Proof of communications services tax legally imposed on the
provider by another state must be submitted at the time the credit is
Column N - Collection allowance adjustment. Collection allowance
claimed. Copies of supporting documents must be included with your
adjustments are required for all transactions that result in a decrease
return or faxed to 850-410-2816, attention CST Return Reconciliation.
in taxable sales. If the original filing was not eligible for a collection
Failure to submit proof will result in the denial of the credit claimed.
allowance or if this schedule is being used to report only an increase
in taxable sales for a prior applied period, this section does not apply.
Column A - Local jurisdiction. Enter the county(ies) or
Enter 0 (zero) in Column N.
municipality(ies) for which multistate credits apply.
If Column F (change in reported taxable sales), is a decrease (negative
Columns B and C - Applied period. Enter the month, day, and year
number), the collection allowance must be recouped by one of the
for the beginning and ending dates of the original filing period for which
following methods. The result should be entered as a positive number
the credit applies in the row corresponding to the appropriate local
in Column N.
jurisdiction(s). Separate entries are required for each applied period.
• If you are using the DOR database, a database certified by DOR, or
Local Tax Credits
a ZIP+4 database in compliance with s. 202.22, F.S., multiply .0075
Column D - Multistate credits. Enter the amount of the eligible
by the tax collected and/or accrued for sales being decreased in
multistate credit in each jurisdiction. Report negative amounts in
Column F.
parentheses (amount).
• If you are not using the DOR database, a database certified by DOR,
State Tax Credits
or a ZIP+4 database in compliance with s. 202.22, F.S., multiply
.0025 by the tax collected and/or accrued for sales being decreased
Column E - Multistate credits. Enter the amount of the eligible
in Column F.
multistate credits in each county. Report negative amounts in
parentheses (amount).
Column O - Adjustment amount. Subtract Column N from the tax
accrued on the transactions reported in Column L and enter the result.
Gross Receipts Credits
Report negative amounts in parentheses (amount).
Column F - Multistate credits. Enter the amount of the eligible
Column P - Penalty. See “Penalty for late payments” on Page 19 for
multistate credit. Report negative amounts in parentheses (amount).
information on calculating the penalty due.
Direct-to-Home Satellite
Column Q - Interest. See “Interest on late payments” on Page 19 for
information on calculating the interest due.
Column G - Multistate credits. Enter the amount of the eligible
multistate credit. Report negative amounts in parentheses (amount).
Column R - Net tax adjustments. Add the totals of Columns E, I,
and O and enter the result. Report negative amounts in parentheses
Column H - Total credits. Add the totals of Columns D through G and
(amount).
enter the result in Column H and on Page 1, Line 11.
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