Multiple Activities Tax Credit Form - City Of Bellingham
ADVERTISEMENT
1Firm Name:_____________________________ Registration #__________
Prepared by: _________________________________________________
City of Bellingham
Tax Period: _________________, 20___
Finance Department
210 Lottie St
Bellingham WA 98225
CITY OF BELLINGHAM
MULTIPLE ACTIVITIES TAX CREDIT FORM
Part 1 - EXTERNAL CREDITS
Use Part 1 if you have paid eligible gross receipts taxes to another local jurisdiction for the privilege of
extracting the products you manufactured in Bellingham, or for extracting or manufacturing the products you
sold in Bellingham.
Column 1
Column 2
Column 3
Column 4
Gross Receipts Taxes Paid
Taxable
Bellingham
Non-
Credit (Lesser of
Activity resulting in a tax credit.
Amount
Bellingham
Columns 2 or 3)
A. Selling in Bellingham products extracted or
manufactured outside of Bellingham.
B. Manufacturing in Bellingham products
extracted outside of Bellingham.
Part II - INTERNAL CREDITS
Use Part II if you have paid taxes to Bellingham under two or more classifications on the same product.
Column 1
Column 2
Column 3
Column 4a Column 4b
Column 5
Taxable
Extracting
Manufacturing
Wholesaling
Retailing
Credit
Amount
Tax Paid
Tax Paid
Tax Paid
Tax Paid
Activity resulting in a tax credit.
C. Manufacturing activities on
products extracted in Bellingham.
D. Selling products extracted or
manufactured in Bellingham.
Total External & Internal Credits From Part I Column 4 and Part II Column 5:
Enter this amount on your business tax return & subtract from ‘Total Tax Due’.
INSTRUCTIONS
1. Find the activity (A, B C or D) which applies to your business (more than one may apply).
2. Enter in Column 1 the taxable amount (gross less deductions) pertaining to the activity.
3. Compute the amount of the credit as explained below and enter the total amount of the credits in part I Column 4
and Part II Column 5 into the total credit box.
External Credit
1. Enter in Column 2 the Bellingham B&O tax applicable to the activity (use tax rates shown on tax return).
2. Enter in Column 3 the tax paid to another local jurisdiction on the same taxable amounts.
3. Enter in Column 4 the lesser of Columns 2 or 3.
Internal Credit
1. Enter in Columns 2, 3, and 4a & 4b the Bellingham B&O tax paid on each of the activities, as applicable.
2. For activity C enter in Column 5 the lesser of the tax amount in Column 2 or Column 3.
3. For activity D, enter in Column 5 the lesser of the tax amount in Columns 2, 3, or the combined total of Column 4a
and 4b.
4. If tax amounts are equal (one is not less than the other) then enter one of the tax amounts in Column 5.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial