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Missouri Bank Franchise Tax Schedule BF
Form INT-2-1 is obsolete, and is no longer supported by the Missouri Department of Revenue.
Extracted from PDF file 2018-missouri-form-int-2-1.pdf, last modified October 2015Bank Franchise Tax Schedule BF
Form INT-2-1 Missouri Department of Revenue 2015 Bank Franchise Tax Schedule BF 2016 Taxable Year‑Based On The 2015 Calendar Year Income Period • Banks Having All Assets Within Missouri - Complete Items 1, 2, and 6A only • Banks Having Assets Both Within And Without Missouri - Complete All Items, Except 6A Due Date April 18, 2016 Calculations 1. Par Value Of All Issued And Outstanding Stock. If No Par Value See General Instructions............................. 1 2. Assets 2A. Total value of assets (see general instructions)............................................................................................ 2A 2B. Deductions for investments in and advances to subsidiaries (attach Schedule MO-5071 or a schedule)............................................................................................................................................... 2B 2C. Net amount of assets (Line 2A minus Line 2B)............................................................................................. 2C 3. Allocation Per Attached Missouri Balance Sheet Or Schedule (A) Missouri 3A. Accounts receivable (B) Everywhere 3A T Fo 3B. Inventories ................................................................................................ 3B 3C. Net total value for land and fixed assets .................................................. 3C 3D. Total allocated assets............................................................................... 3D 4. Percentage Apportionable To Missouri (Line 3D, Column A divided by Line 3D, Column B)............................. 4 . % A t R ct 5. Assets Apportioned To Missouri (Line 2C times Line 4)...................................................................................... 5 6. Tax Basis 6A. Total amount of all assets in Missouri (greater of Line 2C or Line 1)............................................................ 6A 6B. Total amount of assets within and without Missouri (Line 5, or the product of Line 1 times Line 4, whichever is greater)...................................................................................................................................... 6B DSubje nge Instructions Rate And Basis Of Tax: For taxable years beginning on or after January 1, 2016, no annual franchise tax shall be imposed. For capital stock with no par value, the value is $5.00 per share or actual value, whichever is higher. Balance Sheet For Banks: Enter on Line 2A the results of deducting total deposits from total assets shown on the Call Report as of the beginning of business on the first day of the corporation’s taxable period. Attach a copy of Schedule RC — Balance Sheet from the Call Report to the Missouri Bank Franchise Tax Schedule BF. Accounts Receivable: Include as Missouri assets all notes, accounts, contracts receivable that are based upon Missouri destination sales. Receivables which are not derived from sales must be included as Missouri assets if the borrower is located in Missouri. If accounts receivable from subsidiaries are included in Line 2B, do not include in Line 3A. a h C Subsidiary Investments: Submit a schedule of investments and advances to all subsidiaries indicating the names and percentage of voting stock owned in each. Subsidiaries must be corporations and ownership must be over 50 percent to qualify. Allocation And Apportionment: A bank having assets both within and without Missouri apportions its total assets based on the amount of acounts receivable, inventory, land and fixed assets allocated to Missouri. Extend the apportionment percentage on Line 4 to four digits to the right of the decimal point; such as .1234 percent or .0123 percent. Mail to: Taxation Division P.O. Box 898 Jefferson City, MO 65105-0898 Inventories: Include as Missouri assets the amount of all inventories owned by the corporation and used in Missouri. The value of inventories should be determined by the method used for income tax purposes. Land And Fixed Assets: Include as Missouri assets all land and fixed assets located in Missouri owned by the bank. The value of land and fixed assets should be the original cost less accumulated depreciation. Bank Overdrafts: Overdrafts as shown on the balance sheet constitutes a liability and are not deductible. Add negative cash figures back to total assets. Form INT-2-1 (Revised. 12-2015) Phone: (573) 751-2326 TTY: (800) 735-2966 Visit http://dor.mo.gov/business/finance/ Fax: (573) 522-1721 for additional information. E-mail: [email protected]
Form INT-2-1
More about the Missouri Form INT-2-1 Corporate Income Tax
We last updated the Bank Franchise Tax Schedule BF in May 2021, and the latest form we have available is for tax year 2018. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Missouri Department of Revenue. You can print other Missouri tax forms here.
Related Missouri Corporate Income Tax Forms:
TaxFormFinder has an additional 61 Missouri income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Missouri Form INT-2-1.
| Form Code | Form Name |
|---|---|
| Form INT-2 | Bank Franchise Tax Return |
View all 62 Missouri Income Tax Forms
Form Sources:
Missouri usually releases forms for the current tax year between January and April. We last updated Missouri Form INT-2-1 from the Department of Revenue in May 2021.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Missouri Form INT-2-1
We have a total of eight past-year versions of Form INT-2-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2014 Form INT-2-1
2014 Bank Franchise Tax Schedule BF
2013 Form INT-2-1
INT-2-1 Bank Franchise Tax Schedule BF
2012 Form INT-2-1
INT-2-1 Bank Franchise Tax Schedule BF
2011 Form INT-2-1
INT-2-1 Bank Franchise Tax Schedule BF
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