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The NYC 3A form is a crucial document for corporations operating within New York City, specifically designed to report their combined general corporation tax. This form serves several key purposes, allowing businesses to declare their financial activities accurately and fulfill their tax obligations. It includes sections for reporting allocated combined net income, capital, and various tax calculations, ensuring that corporations adhere to local tax laws. Additionally, the form requires corporations to indicate if they are claiming any federal tax benefits related to the events of September 11, 2001, which adds a layer of complexity for those eligible. Each corporation must provide detailed information, including its employer identification number, principal business activity, and financial data from various schedules attached to the form. Moreover, the NYC 3A requires a certification from an elected officer, affirming the accuracy of the information submitted. This form not only facilitates compliance but also plays a vital role in the city’s revenue collection, supporting essential services and infrastructure. Understanding its components and requirements is essential for any corporation looking to navigate the tax landscape in New York City successfully.

Similar forms

  • IRS Form 1120: This is the U.S. Corporation Income Tax Return. Like the NYC 3A form, it reports income, gains, losses, and deductions for corporations. Both forms require detailed financial information and are used to calculate tax obligations.
  • NYC Form NYC-3L: This is a long-form corporate tax return for New York City. Similar to the NYC 3A, it is used by corporations to report income and calculate taxes owed to the city. Both forms require similar schedules for income and capital computations.
  • IRS Form 1065: This is the U.S. Return of Partnership Income. While it is designed for partnerships rather than corporations, it shares a similar purpose of reporting income and expenses. Both forms require detailed financial disclosures and calculations of tax liabilities.
  • New York State Form CT-3: This is the New York State Corporation Tax Return. Like the NYC 3A form, it is used to report income and calculate state taxes for corporations. Both forms require similar financial information and schedules for accurate reporting.

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F I N A N C E NEW YORK

w w w .nyc.gov/ finance

N Y C CO MBIN ED GEN ERAL

 

 

 

 

3 A

CORPORATION TAX RETU RN

 

 

 

 

Special short period return. See Instr .

 

DO NOT WRITE IN THIS SPACE - FOR OFFICIAL USE ONLY

 

 

 

 

 

 

 

 

 

Check "yes" if you claim any 9/11/01-related federal tax

 

 

 

 

 

 

benefits (see inst.) YES

 

 

Am ended return

Final return. Check box if corporation has ceased operations.

2 0 0 3

 

 

 

 

 

 

 

 

For CALENDAR YEAR 2003 or FISCAL YEAR beginning ________________ 2003, and ending __________________

*30110391*

N Y C - 3 L R E T U R N S F O R A L L C O R P O R A T I O N S I N C L U D E D I N T H E C O M B I N E D R E T U R N M U S T B E A T T A C H E D T O T H I S R E T U R N

 

Nam e of reporting corporation

 

 

EM PLOYER IDENTIFICATION NUM BER OF REPORTING CORPORATION

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Address (num ber and street)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Type

 

 

 

BUSINESS CODE NUM BER

 

 

 

 

 

 

 

 

 

 

 

 

 

 

IMPORTANT: All corporations licensed

 

City and State

Zip Code

 

 

 

AS PER FEDERAL RETURN

 

 

and/or regulated by the NYC Taxi and

 

or

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Limousine Commission use business

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Print

Business Telephone Num ber

Date business began in NYC

 

 

 

 

 

 

 

 

 

 

 

 

 

 

code 999900 in lieu of federal code.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nam e of parent of controlled group

Em ployer Identification Num ber

 

 

 

 

 

 

NYC PRINCIPAL BUSINESS ACTIVITY

 

 

 

 

 

 

 

 

 

S C H E D U LE A

Computation of Tax - BEGIN WITH SCHEDULE I ON PAGE 2 - COM PLETE ALL OTHER SCHEDULES. TRANSFER APPLICABLE AM OUNTS TO SCHEDULE A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Payment Enclosed

 

 

A.

Payment

Pay amount shown on line 23 - Make check payable to: NYC Department of Finance

 

 

 

 

 

 

1.

 

Allocated combined net income (from Schedule M, line 7) ..

1.

 

 

 

 

 

 

 

 

 

X .0885

1.

 

 

 

 

 

2.

 

Allocated combined capital (from Schedule M, line 10) (see instr.)..

2.

 

 

 

 

 

 

 

 

 

X .0015

2.

 

 

 

 

 

3. Alternative tax (applies to all corporations including professional corporations)

 

3.

 

 

 

 

 

4. Minimum tax for reporting corporation only

 

 

 

 

 

 

 

 

 

 

 

4.

 

300

00

5.

 

Allocated subsidiary capital (from Schedule M, line 11)

5.

 

 

 

 

 

 

 

 

 

 

X .00075

5.

 

 

 

 

 

6. Combined tax (line 1, 2, 3, or 4, whichever is largest, PLUS line 5)

 

 

 

 

 

 

 

 

6.

 

 

 

 

 

7.

 

Minimum tax for taxable corporations (see instr.) - number of corporations

 

 

 

 

X $300

7.

 

 

 

 

 

8. Total combined tax - add line 6 and line 7

 

 

 

 

 

 

 

 

 

 

 

8.

 

 

 

 

 

9. UBT Paid Credit (attach Form NYC-9.7) (see instructions)

 

 

 

 

 

 

 

 

 

 

 

9.

 

 

 

 

 

10

. Credits from Form NYC-9.5 (see instructions)

 

 

 

 

 

 

 

 

 

 

 

10.

 

 

 

 

 

11

.

Credits from Form NYC-9.6 (see instructions)

 

 

 

 

 

 

 

 

 

 

 

11.

 

 

 

 

 

12

. Tax after credits (line 8, less total of lines 9, 10 and 11)

 

 

 

 

 

 

 

 

 

 

 

12.

 

 

 

 

 

13

. First installment of estimated tax for period following that covered by this return:

 

 

 

 

 

 

 

 

 

 

 

 

a) If application for extension has been filed, enter amount from line 4 of Form NYC-6 Attach form) ...

13a.

 

 

 

 

 

 

 

 

b) If application for extension has not been filed and line 12 exceeds $1,000, enter 25% of line 12

13b.

 

 

 

 

 

 

14

. Sales tax addback per Admin. Code §11-604.12(c) and 11-604.17a(c) (see instructions)

 

14.

 

 

 

 

 

15

. Net tax (total of lines 12, 13a or 13b and 14)

 

 

 

 

 

 

 

 

 

 

 

15.

 

 

 

 

 

16

. Total prepayments listed on each attached return (see instructions)

 

 

 

 

 

 

 

 

16.

 

 

 

 

 

 

17

. Balance due (line 15 less line 16)

 

 

 

 

 

 

 

 

 

 

 

17.

 

 

 

 

 

 

18

. Overpayment (line 16 less line 15)

 

 

 

 

 

 

 

 

 

 

 

18.

 

 

 

 

 

19a. Interest (see Form NYC-3L, Sch. A, line 17a instructions)

 

 

 

19a.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

....................................19b. Additional charges (see Form NYC-3L instructions)

 

 

 

19b.

 

 

 

 

 

 

 

 

 

 

 

 

 

19c. Penalty for underpayment of estimated tax (attach Form NYC-222)

19c.

 

 

 

 

 

 

 

 

 

 

 

 

 

20

. Total of lines 19a, 19b and 19c

 

 

 

 

 

 

 

 

 

 

 

20.

 

 

 

 

 

21

. Net overpayment (line 18 less line 20)

 

 

 

 

 

 

 

 

 

 

 

21.

 

 

 

 

 

 

22

. Amount of line 21 to be: (a) Refunded

 

 

 

 

 

 

 

 

 

 

 

22a.

 

 

 

 

 

 

 

 

(b) Credited to 2004 estimated tax

 

 

 

 

 

 

 

 

22b.

 

 

 

 

 

23

.

TOTAL REMITTANCE DUE (see instructions). Enter payment amount on line A above

 

23.

 

 

 

 

 

24

.

Combined group's issuer’s allocation percentage (from Schedule M, line 12)

 

24.

%

 

 

 

25

.

Gross receipts or sales from page 3, column C, line A

 

 

 

 

 

 

 

 

 

 

 

25.

 

 

 

 

 

26

.

Total assets from page 3, column C, line B

 

 

 

 

 

 

 

 

 

 

 

26.

 

 

 

 

 

 

27

.

Compensation of more than 5% stockholders as used in computation of line 3

 

27.

 

 

 

 

 

28

.

NYC rent or NYC rent deducted on federal return - THIS LINE MUST BE COMPLETED

 

28.

 

 

 

 

 

29

.

Combined Group Business Allocation Percentage (from Schedule J, line 12)

 

29.

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

C E R T I F I C A T I O N O F A N E L E C T E D O F F I C E R O F T H E C O R P O R A T I O N

I hereby certify that this return, including any accompanying rider, is, to the best of my knowledge and belief, true, correct and complete.

I authorize the Dept. of Finance to discuss this return with the preparer listed below. (see instructions)

YES

SIGN

HERE Signature of officer

PREPARER'S Preparer's signature

USE

ONLY

Title

 

Date

Check if self-employed

Date

 

 

 

Preparer's Social Security Number or PTIN

Firm's Employer Identification Number

 

 

 

 

 

 

● Firm's name (or yours, if self-employed)

▲ Address

▲ Zip Code

 

 

 

 

 

30110391 ATTACH REMITTANCE TO THIS PAGE ONLY - MAKE REMITTANCE PAYABLE TO: NYC DEPARTMENT OF FINANCE (SEE PAGE 3 FOR MAILING INSTRUCTIONS)

Rev.11/17/03

Form NYC-3A - 2003

 

 

 

 

 

 

 

 

 

 

Page 2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CORPORATION NAME

CORPORATION NAME

CORPORATION NAME

 

 

 

 

 

COLUMN 1

 

COLUMN 2

 

COLUMN 3

 

 

 

 

 

Employer

 

 

Employer

 

 

Employer

 

 

 

 

 

 

Identification Number

 

 

Identification Number

 

 

Identification Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE I

Analysis of income & capital from Form NYC-3 L

 

 

 

 

 

 

 

 

 

 

 

 

1.

Entire net income (Schedule B, line 19 or 20)

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

 

 

 

 

 

 

 

 

 

 

 

 

2.

....................................................Investment income (Schedule B, line 23)

2.

 

 

 

 

 

 

 

 

 

 

 

 

3.

.......................................................Business income (Schedule B, line 24)

3.

 

 

 

 

 

 

 

 

 

 

 

 

4.

.............................NYC gain (loss) on qualified property (See instructions)

4.

 

 

 

 

 

 

 

 

 

 

 

 

5.

.....................................................Optional depreciation (See instructions)

5.

 

 

 

 

 

 

 

 

 

 

 

 

6.

.................................................................Total capital (Schedule E, line 7)

6.

 

 

 

 

 

 

 

 

 

 

 

 

7.

........................................................Subsidiary capital (Schedule E, line 8)

7.

 

 

 

 

 

 

 

 

 

 

 

 

8.

.....................................................Investment capital (Schedule E, line 10)

8.

 

 

 

 

 

 

 

 

 

 

 

 

9.

........................................................Business capital (Schedule E, line 11)

9.

 

 

 

 

 

 

 

 

 

 

 

 

..................................A. Gross receipts or sales (federal Form 1120, line 1c)

A.

 

 

 

 

 

 

 

 

 

 

 

 

..................B. Total assets from federal return (Schedule E, line 1, column C)

B.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SCHEDULE J

Business allocation from Form NYC-3 L

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

Property - New York City (Schedule H, line 1f, column A)

1.

 

 

 

 

 

 

 

 

 

 

2.

Property - total (Schedule H, line 1f, column B)

2.

 

 

 

 

 

 

 

 

 

 

3.

................................................................New York City percent, line 1 ÷ line 2

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

Receipts - New York City (Schedule H, line 2g, column A)

4.

 

 

 

 

 

 

 

 

 

 

 

5 Receipts - total (Schedule H, line 2g, column B)

5.

 

 

 

 

 

 

 

 

 

 

6.New York City percent, line 4 ÷ line 5 ................................................................

7.Additional Receipts Factor (enter percent from line 6) (See instructions) ..........

8.

Payroll - New York City (Schedule H, line 3a, column A)

8.

9.

Payroll - total (Schedule H, line 3a, column B)

9.

10.New York City percent, line 8 ÷ line 9 ................................................................

11.Total New York City percents, sum of lines 3, 6, 7 and 10.................................

12. Business allocation percentage, line 11 ÷ three or by the number of percentages used if other than three (see instructions)

SCHEDULE K

Investment allocation from Form NYC-3 L

1.New York City (Schedule D, line 1, column G)............................................

2.Total (Schedule D, line 1, column E) ...........................................................

3.Investment allocation percentage, line 1 ÷ line 2 (see instructions) ............

4.Cash (Schedule D, line 3, column E)...........................................................

5.Total Investment Capital (Schedule D, line 4, column E) ............................

1.

2.

4.

5.

SCHEDULE L

Subsidiary allocation from Form NYC-3 L

1.

New York City (Schedule C, line 2, column G)

1.

2.

Total (Schedule C, line 1, column E)

2.

SCHEDULE M

Summary (References in this Schedule M are to schedules in this return)

*30120391*

1.

New York City investment income (Schedule I, line 2, column C x Schedule K, line 3)

1.

2.

New York City business income (Schedule I, line 3, column C x Schedule J, line 12)

2.

3.

Total New York City income, line 1 plus line 2

3.

4.

NYC gain (loss) on qualified property (Schedule I, line 4, column C)

4.

5.

Total, line 3 plus line 4

5.

6.

Optional depreciation (Schedule I, line 5, column C)

6.

7.

Allocated combined net income, line 5 minus line 6 (enter here and on Schedule A, line 1)

7.

8.

New York City investment capital (Schedule I, line 8, column C x Schedule K, line 3)

8.

9.

New York City business capital (Schedule I, line 9, column C x Schedule J, line 12)

9.

10.

NYC investment & business capital, line 8 plus line 9 (enter here and on Schedule A, line 2)

10.

11.

New York City subsidiary capital (Schedule L, line 1, column C) (enter here and on Schedule A, line 5)

11.

12.

Issuer's allocation percentage (Schedule M, line 10 plus line 11 ÷ Schedule I, line 6, col. C) (enter here and on Sch. A, line 24) (see instr.) ...

12.

%

30120391

Form NYC-3A - 2003

Page 3

SCHEDULE I

1.

2.

3.

4.

5.

6.

7.

8.

9.

A.

B.

 

CORPORATION NAME

CORPORATION NAME

 

CORPORATION NAME

 

COLUMN A

 

COLUMN B

 

COLUMN C

 

 

COLUMN 4

 

COLUMN 5

 

 

COLUMN 6

 

 

 

INTERCORPORATE

 

TOTAL

 

 

Employer

 

 

 

Employer

 

 

 

Employer

 

 

 

 

 

 

 

 

 

 

 

 

 

 

TOTAL

 

ELIMINATIONS

 

LESS INTERCORPORATE

 

 

Identification Number

 

 

 

Identification Number

 

 

 

Identification Number

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(EXPLAIN ON RIDER)

 

ELIMINATIONS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

2.

3.

4.

5.

6.

7.

8.

9.

A.

B.

SCHEDULE J

1.

1.

 

2.

2.

 

3.

3.

%

4.

4.

 

5.

5.

 

6.

6.

%

 

7.

7.

%

8.

8.

 

9.

9.

 

10.

10.

%

11.

11.

%

12.

 

%

 

 

SCHEDULE K

1.

1.

2.

2.

3. 3.

4.

4.

5.

5.

SCHEDULE L

1.

2.

%

*30130391*

 

 

 

 

 

 

 

 

 

M A I L I N G

I N S T R U C T I O N S

 

 

 

 

 

 

 

Attach

Make remittance payable to the order of

To receive proper credit, you must

 

 

 

 

federal

 

 

 

 

 

tax

 

 

copy of all pages

NYC DEPARTMENT OF FINANCE

enter your correct Employer

 

 

 

return

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

of your federal tax return

Payment must be made in U.S. dollars,

Identification Number on your tax

or pro forma federal tax return.

drawn on a U.S. bank.

return and remittance.

RETURNS WITH REMITTANCES

RETURNS CLAIMING REFUNDS

ALL OTHER RETURNS

NYC DEPARTMENT OF FINANCE

NYC DEPARTMENT OF FINANCE

NYC DEPARTMENT OF FINANCE

P.O. BOX 5040

P.O. BOX 5050

P.O. BOX 5060

KINGSTON, NY 12402-5040

KINGSTON, NY 12402-5050

KINGSTON, NY 12402-5060

The due date for the calendar year 2003 return is on or before March 15, 2004.

For fiscal years beginning in 2003, file on or before the 15th day of the 3rd month following the close of the fiscal year.

30130391

Form NYC-3A - 2003

Page 4

*30140391*

A F F I L I A T I O N S S C H E D U L E

COMPLETE THIS SCHEDULE OR ATTACH FEDERAL FORM 851

Tax year beginning ______________, ______ and ending ______________, ______

Name of reporting corporation on NYC-3A:

 

 

Employer Identification Number:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Name of common parent corporation on consolidated federal income tax return:

P a r t I

Ge n e r a l I n f o r m a t i o n

Corp.

Name and address of corporation

 

 

 

Employer Identification Number

 

No.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Com m on parent corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1.

on federal return:

1.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reporting corporation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2.

on NYC- 3A:

2.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3.

Affiliated

3.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

corporations:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

4.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5.

 

5.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

6.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

7.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

 

8.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

9.

 

9.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

10.

 

10.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

P a r t I I

P r i n c i p a l Bu s i n e s s Ac t i v i t y , V o t i n g S t o c k I n f o r m a t i o n , Et c .

STOCKHOLDINGS AT BEGINNING OF YEAR

Corp.

 

 

 

number

 

percent of

 

percent

 

Owned by

 

 

 

 

 

 

No.

Principal business activity (PBA)

NAICS

 

of

 

voting

 

of

 

corporation

 

 

 

 

shares

 

power

 

value

 

number

1.

Com m on parent corporation on federal return:

 

1.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

2.

Reporting corporation on NYC- 3A:

 

2.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

3.

Affiliated corporations:

 

3.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

4.

 

 

4.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

5.

 

 

5.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

6.

 

 

6.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

7.

 

 

7.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

8.

 

 

8.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

9.

 

 

9.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

10.

 

 

10.

 

 

%

 

 

%

 

 

 

 

 

 

 

 

 

 

 

 

30140391

Form NYC-3A - 2003

Page 5

*30150391*

- CO M BINED GRO UP INFO RM ATIO N SCHEDULE -

NAM E OF REPORTING CORPORATION:

EM PLOYER IDENTIFICATION

 

 

NUM BER OF REPORTING

 

CORPORATION:

 

 

THE FOLLOWING INFORMATION MUST BE PROVIDED

FOR THIS RETURN TO BE CONSIDERED COMPLETE

Refer to instructions before completing this section.

PART 1

General Information

 

 

 

 

1.Have there been ANY CHANGES in the COMPOSITION of the group of corporations INCLUDED in this Combined General Corporation Tax Return from the PRIOR TAX PERIOD OR ANY MATERIAL CHANGES in the ACTIVITY of any member of the group OR ANY corporation NOT INCLUDED in the group that meets the stock ownership requirements for filing on a

combined basis?

(See instructions, page 1)

YES

NO

2. Check this box

and attach an explanation if you meet ANY of the following conditions:

a.NO MEMBERS of this group FILED or REQUESTED AN EXTENSION to file a combined return under Article 9-A of the New York State Tax Law for the TAX PERIOD COVERED BY THIS

REPORT, OR

b.TWO (2) OR MORE MEMBERS of this group FILED or REQUESTED AN EXTENSION to file a New York State combined return for the TAX PERIOD COVERED BY THIS REPORT but there are differences in the membership of this group and the group that filed or will file a New York State combined return, OR

c.A combined filing by any member(s) of this group has been REVISED or DISALLOWED by New York State for THIS or ANY PRIOR TAX PERIOD.

3.You MUST complete Part 2 of this schedule if you meet ANY of the following conditions:

a.This is the FIRST Combined General Corporation Tax Return being FILED FOR THIS GROUP of corporations, OR

b.There have been CHANGES in the COMPOSITION of the group of corporations SINCE the PRIOR

TAX PERIOD, OR

c.There have been ANY MATERIAL CHANGES in the STOCK OWNERSHIP or ACTIVITY of any corporation INCLUDED in the group or in ANY corporation NOT INCLUDED in the group that meets the stock ownership requirements for filing on a combined basis. (See instructions, page 1)

30150391

*30160391*

 

Form NYC-3A - 2003

 

 

Page 6

 

 

 

 

 

 

 

PART 2

 

Distortion Requirement

 

 

 

 

 

 

 

 

 

 

 

 

A Complete this Subpart A for each corporation included in the Combined General Corporation Tax Return that (i) was not

 

 

included in the Combined General Corporation Tax Return for the prior tax period; or (ii) for which there has been any

 

 

material change in the stock ownership or activity during the tax period covered by this report.

 

 

Explain how the filing of a return on a separate basis distorts the corporation’s activities, business, income or capital in New

 

 

York City, including the nature of the business conducted by the corporation, the source and amount of its gross receipts and

 

 

expenses and the portion of each derived from transactions with other corporations listed on the Affiliations Schedule.

Subpart A

 

 

 

 

 

 

NAME OF CORPORATION / EIN

REASON(S) INCLUDED IN COMBINED RETURN

Name:

1.

EIN:

Name:

2.

EIN:

IF ADDITIONAL SPACE IS REQUIRED, PLEASE USE THIS FORMAT ON A SEPARATE SHEET AND ATTACH IT TO THIS PAGE.

BComplete this Subpart B for each corporation excluded from the Combined General Corporation Tax Return that (i) was included in the Combined General Corporation Tax Return for the prior tax period; or (ii) for which there has been any material change in the stock ownership or activity during the tax period covered by this report.

Explain the reason(s) for the exclusion of each corporation for the combined return, including a description of the nature of the business conducted by the corporation, the source and amount of its gross receipts and expenses and the portion of each derived from transactions with other corporations listed on the Affiliations Schedule.

Subpart B

NAME OF CORPORATION / EIN

REASON(S) EXCLUDED FROM COMBINED RETURN

Name:

1.

EIN:

Name:

2.

EIN:

30160391

IF ADDITIONAL SPACE IS REQUIRED, PLEASE USE THIS FORMAT ON A SEPARATE SHEET AND ATTACH IT TO THIS PAGE.

 

Common mistakes

Filling out the NYC 3A form can be a complex task, and many individuals make common mistakes that can lead to delays or complications. One frequent error is failing to check the appropriate boxes regarding the type of return being filed. For example, if a corporation has ceased operations, it must check the box indicating a final return. Neglecting this step can result in misunderstandings and potential penalties.

Another common mistake is not providing accurate or complete information about the corporation's business activities. The form requires specific details such as the employer identification number and business code. If these are omitted or incorrectly entered, it can hinder the processing of the return. This oversight may also lead to issues with compliance, as the information is essential for the city to assess tax obligations accurately.

Many people also overlook the importance of attaching all required schedules and documentation. The NYC 3A form mandates that certain schedules, such as Schedule M and Schedule A, be included for the return to be considered complete. Failing to attach these documents can delay processing and may result in the return being deemed invalid.

Lastly, individuals often make mistakes in the calculation of taxes owed. It is crucial to follow the instructions carefully and ensure that all amounts are accurately computed. Errors in tax calculations can lead to underpayment or overpayment, both of which can have financial implications. Taking the time to double-check calculations can save significant hassle in the long run.

More About Nyc 3A

  1. What is the NYC 3A form?

    The NYC 3A form is a tax return used by corporations operating in New York City. It is specifically for reporting the Combined General Corporation Tax. This form is required for corporations that are part of a combined group and is used to calculate the tax obligations for the entire group.

  2. Who needs to file the NYC 3A form?

    Corporations that are part of a controlled group and operate in New York City must file the NYC 3A form. This includes corporations licensed or regulated by the NYC Taxi and Limousine Commission. If your corporation has ceased operations or if it is an amended return, those situations also require filing this form.

  3. What is the due date for the NYC 3A form?

    The due date for the NYC 3A form for the calendar year 2003 is March 15, 2004. For fiscal years beginning in 2003, the form must be filed on or before the 15th day of the third month following the close of the fiscal year.

  4. What information is required on the NYC 3A form?

    The form requires basic information such as the corporation's name, address, Employer Identification Number (EIN), and the type of business. Additionally, it includes financial information such as allocated combined net income, capital, and tax calculations based on these figures.

  5. How is the tax calculated on the NYC 3A form?

    The tax is calculated based on several factors, including allocated combined net income, allocated combined capital, and minimum tax requirements. The form provides specific lines to compute these amounts and determine the total tax owed.

  6. What if I have overpaid my taxes?

    If your corporation has overpaid its taxes, the NYC 3A form allows you to claim a refund. You will need to complete the relevant sections indicating the amount overpaid and how you would like it to be handled—either refunded or credited to your estimated tax for the following year.

  7. Can I file the NYC 3A form electronically?

    Currently, the NYC 3A form must be filed by mail. Ensure that all pages of the form are completed and attached, along with any required remittance. Keep in mind that electronic filing options may vary by year, so it is important to check the NYC Department of Finance website for updates.

  8. What happens if I miss the filing deadline?

    If the NYC 3A form is not filed by the deadline, your corporation may incur penalties and interest on any unpaid taxes. It is advisable to file as soon as possible, even if you cannot pay the full amount owed, to minimize penalties.

  9. Where do I send the completed NYC 3A form?

    The completed NYC 3A form should be mailed to the appropriate address based on your situation. For returns with remittances, send it to the NYC Department of Finance, P.O. Box 5040, Kingston, NY 12402-5040. For returns claiming refunds, send it to P.O. Box 5050, Kingston, NY 12402-5050. All other returns go to P.O. Box 5060, Kingston, NY 12402-5060.

Misconceptions

  • Misconception 1: The NYC 3A form is only for large corporations.
  • This is not true. The NYC 3A form is applicable to all corporations operating in New York City, regardless of size. Small businesses must also file this form if they meet the requirements.

  • Misconception 2: The form is only required for corporations making a profit.
  • Many believe that only profitable corporations need to file the NYC 3A form. However, even corporations that operate at a loss may still have to submit this return, particularly if they have other tax obligations.

  • Misconception 3: Filing the NYC 3A form is optional for corporations.
  • This misconception can lead to serious consequences. Filing the NYC 3A form is mandatory for corporations that meet certain criteria. Failure to file can result in penalties and interest on unpaid taxes.

  • Misconception 4: Once filed, there’s no need to keep records related to the NYC 3A form.
  • Many corporations think that once they submit the form, they can discard related documents. In reality, maintaining accurate records is crucial. The NYC Department of Finance may request supporting documents during audits or reviews.

Key takeaways

  • The NYC 3A form is used for filing the combined general corporation tax return for businesses operating in New York City.

  • Make sure to check the appropriate boxes at the top of the form, such as if you are filing an amended or final return.

  • Fill in the Employer Identification Number accurately to avoid processing delays.

  • Use the correct business code number, especially if your business is regulated by the NYC Taxi and Limousine Commission.

  • Complete all relevant schedules, especially Schedule I, which analyzes income and capital.

  • Calculate the combined tax correctly by following the instructions for each line item.

  • Attach any necessary remittance to the front of the form, making sure it is payable to the NYC Department of Finance.

  • File the form by the due date, which is typically March 15 for calendar year filers.

Nyc 3A: Usage Guide

Filling out the NYC 3A form is a crucial step for corporations operating in New York City. This process involves providing detailed financial information and ensuring compliance with local tax regulations. After completing the form, it is essential to review it for accuracy before submission. The next steps involve making any necessary payments and mailing the completed form to the appropriate address.

  1. Begin by marking the appropriate boxes at the top of the form. Indicate if this is a special short period return, an amended return, or a final return.
  2. Fill in the tax year for which you are filing, along with the name and Employer Identification Number (EIN) of the reporting corporation.
  3. Provide the address of the corporation, including the city, state, and zip code.
  4. Enter the business code number. If the corporation is regulated by the NYC Taxi and Limousine Commission, use business code 999900.
  5. Identify the parent corporation of the controlled group, if applicable.
  6. Complete the NYC Principal Business Activity section by describing the primary business activity of the corporation.
  7. Proceed to Schedule A for the computation of tax. Start with Schedule I on page 2 and complete all other schedules as required.
  8. Transfer applicable amounts from Schedule M to Schedule A, ensuring all calculations are accurate.
  9. Fill in the payment section. Enter the amount due on line 23 and make the check payable to the NYC Department of Finance.
  10. Complete the certification section by signing and dating the form. The signature must be from an elected officer of the corporation.
  11. If applicable, fill out the preparer's information, including their signature and Employer Identification Number.
  12. Attach any required remittance to the form. Ensure that it is payable to the NYC Department of Finance.
  13. Mail the completed form to the appropriate address based on whether you are submitting a return with a remittance, claiming a refund, or filing any other type of return.