Connecticut Corporation Business Tax Return Apportionment Computation - Manufacturing Companies

Corporation Business Tax Return Apportionment Computation - Manufacturing Companies
CT-1120A-MFG,  2014 Corporation Business Tax Return Apportionment Computation - Manufacturing Companies
Department of Revenue Services
State of Connecticut
(Rev. 12/14)

Form CT-1120A-MFG

Corporation Business Tax Return
Apportionment Computation - Manufacturing Companies
Complete this form in blue or black ink only. See instructions on reverse.
Enter Income Year Beginning _____________________________, ________ , and Ending _____________________________, ________
Corporation name

Receipts Factor Apportionment

Connecticut Tax Registration Number

Column A
Connecticut

Column B
Everywhere

1. Receipts from sales of tangible property
2. Receipts from services
3. Interest
4. Receipts from rents and royalties
5. Net gains from sale of tangible assets: If less than zero, enter “0.”
6. Net gains from sale of intangible assets: If less than zero, enter “0.”
7. Other
8. Total: Add Lines 1 through 7 in Column A and Column B.

Computation of Connecticut Apportionment Fraction
9. Receipts apportionment fraction: Divide Line 8, Column A, by Line 8, Column B, and carry to
six places. Enter here and on Form CT-1120, Schedule A, Line 2.

0.

Government Contractor Election
here if the corporation is a manufacturer that has 75% (.75) or more of its total gross receipts from the
Check
sale of tangible personal property directly, or in the case of a subcontractor, indirectly to the U.S. government and
elects to apportion its net income within and outside Connecticut, using Form CT-1120A, Corporation Business Tax
Return Apportionment Computation, Schedule R. The election is irrevocable for, and applicable for, five successive
income years.

Form CT-1120A-MFG
Instructions
Complete this form in blue or black ink only.
Form CT-1120A-MFG, Corporation Business Tax
Return Apportionment Computation - Manufacturing
Companies, must be completed and attached to Form
CT-1120, Corporation Business Tax Return, only if
the manufacturer carried on business both within and
outside Connecticut and was taxable in another state
during the income year for which the return is filed.
Taxpayers primarily engaged in activities that,
in accordance with the North American Industry
Classification System, United States, 1997 manual, are
included in Sector 31, 32, or 33, must complete this form.

Column A
The numerator of the apportionment fraction shall
consist of the manufacturer’s gross receipts that are
assignable to Connecticut and includes the following:


Receipts from sales of tangible property delivered or
shipped to a purchaser within Connecticut regardless
of the f.o.b. point or other conditions of sale;



Receipts from services performed within Connecticut;



Interest earned from assets managed or controlled
within Connecticut;



Royalties from the use of patents or copyrights within
Connecticut;



Rents and royalties from property situated within
Connecticut;



Net gains from sale or other disposition of tangible
assets situated within Connecticut;



Net gains from sale or other disposition of intangible
assets managed or controlled within Connecticut;
and



All other receipts earned within Connecticut.

Form CT-1120A-MFG Back (Rev. 12/14)

If losses from sales or other dispositions of such tangible
or intangible assets exceed the gains, then enter zero
for the net gains. Dividends and losses are excluded
from the receipts factor.

Column B
The denominator of the apportionment fraction shall
consist of the manufacturer’s total gross receipts
whether or not assignable to Connecticut.

Government Contractor Election
If 75% or more of the manufacturer’s total gross
receipts during the income year are from the sale of
tangible personal property directly, or in the case of a
subcontractor, indirectly to the U.S. government, the
manufacturer may elect on or before the due date, or
if applicable, the extended due date of its corporation
business tax return for the income year, to apportion its
net income within and outside Connecticut by means
of the three factor apportionment fraction described in
Form CT-1120A, Schedule R. This election is irrevocable
for, and applicable for, five successive income years.