Form Nyc-9.12 - Claim For Beer Production Credit

Form NYC-9.12 - 2017 - Instructions

Page 2

General Information

Sections 11-604(22) (General Corporation Tax) and 11-654(22) (Business Corporation Tax) of the New York City Admin-

istrative Code applicable to tax years beginning on or after January 1, 2017 provide a beer production credit to taxpayers who

meet the eligibility requirements. The maximum credit allowed to each taxpayer (including a combined group) is limited to

a credit for 15.5 million gallons produced in New York City during the tax year.

Eligibility

To be eligible for this credit, you must meet all of the following requirements:

You are claiming this credit as an incorporated business that earned the credit (not as a corporate partner in a partnership),

you are registered as a distributor under Article 18 (Taxes on Alcoholic Beverages), and

you produce 60 million gallons or less of beer in New York State during the tax year.

A registered distributor that produces more than one type of alcoholic beverage in New York State in the same tax year

qualifies for the credit for beer produced within the production limits stated above. If the production limitation is ex-

ceeded, no credit is allowed.

Credit Information

The amount of credit per tax year for each gallon of beer produced in New York City is:

12 cents (.12) per gallon for the first 500,000 gallons produced, plus

3.86 cents (.0386) per gallon for each gallon produced in excess of 500,000 gallons (up to 15 million additional gallons).

However, no credit is allowed for any beer produced in excess of 15.5 million gallons during the tax year.

Any unused amount of credit for the current tax year will be treated as a refund or overpayment of tax to be credited to

next year’s tax. Interest will not be paid on the refund or overpayment.

Specific Instructions

ify for the beer production credit for

credits from NYC-2A, Schedule A,

this tax year. If you answered Yes

line 6; NYC-2, Schedule A, line 4;

to question C, complete Schedules

NYC-3A, Schedule A, line 8 or

Line instructions

B and C.

NYC-3L, Schedule A, line 6.

Complete a separate Form NYC-9.12

for each registered distributor.

Schedule B – Computation of credit

Line 9 – If you are claiming more

for beer produced in New York City

Please check the appropriate box for

than one tax credit for this year,

NYC form filed.

enter the total amount of credits

Column A – Enter the street num-

claimed before applying this credit.

ber and name, and the borough in

Schedule A – Eligibility

Otherwise, enter 0. You must apply

New York City where the beer is

certain credits before this credit.

Line A – If you are claiming this

produced. Do not enter a PO Box or

credit as an incorporated business

the mailing address of the company

Line 11 - Enter your minimum tax

that earned the credit (not as a cor-

if it differs from the physical loca-

from NYC-2A, Schedule A, sum of

porate partner receiving a share of

tion where the beer is produced.

lines 3 and 5; NYC-2, Schedule A,

the credit), mark an X in the Yes box

line 3; NYC-3A, Schedule A, sum

Column B – Enter the total number

and proceed to the next question in

of lines 4 and 7; NYC-3L, Schedule

of gallons produced in New York

this schedule.

A, line 4.

City in this tax year.

Line B – If you answered No to

Line 13 – Enter the lesser of line 7

Lines 5, 6 and 7 – No credit is al-

question B, stop. You do not qualify

or line 12 but not less than zero.

lowed for any beer produced in ex-

for the beer production credit for

cess of 15,500,000 gallons (500,000

Line 15 – Add lines 13 and 14 and

this tax year. If you answered Yes

gallons on Line 5 plus 15,000,000

to question B, enter the name, EIN

enter here and on NYC-2A, Schedule

gallons on Line 6). Round the results

and State Liquor Authority license

A, line 13; NYC-2, Schedule A, line

on line 7 to the nearest whole dollar.

number for the registered distributor

11; NYC-3A, Schedule A, line 12c or

NYC-3L, Schedule A, line 10c.

and proceed to the next question in

Schedule C – Computation of tax

this schedule.

credit used, refunded, or credited as

an overpayment to the next year

Line C – If you answered No to

question C, stop. You do not qual-

Line 8 – Enter your tax due before

Form Nyc-9.12 - Claim For Beer Production Credit - 2017 Page 2

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