New York Cooperative Agricultural Corporation Franchise Tax Return (OBSOLETE)

Cooperative Agricultural Corporation Franchise Tax Return (OBSOLETE)
Form CT-185:2016:Cooperative Agricultural Corporation Franchise Tax Return:CT185
CT-185
	

		

Department of Taxation and Finance

		
Final
Amended
return
		
return

Tax Law – Article 9, Section 185	

	

	 Employer identification number (EIN)	

Cooperative Agricultural Corporation
Franchise Tax Return
File number	

			

Business telephone number	

	 Legal name of corporation			

	 Mailing name (if different from legal name above) and address		

If you claim an
overpayment, mark
an X in the box

(	)	
	

Trade name/DBA

State or country of incorporation

Date received (for Tax Department use only)

	 c/o
	 Number and street or PO box			Date of incorporation
Foreign corporations: date began
City	
State	
ZIP code	
business in NYS
					

	

NAICS business code number (from NYS Pub 910)

If address/phone
above is new,
mark an X in the box

NYS principal business activity

If you need to update your address or phone
information for corporation tax, or other tax
types, you can do so online. See Business
information in Form CT-1.

	 A.	 Pay amount shown on line 13. Make payable to: New York State Corporation Tax	
		 Attach your payment here. Detach all check stubs. (See instructions for details.)

Computing tax (See Form CT-185-I, Instructions for Form CT-185, for assistance in completing this return.)

Audit (for Tax Department use only)

A

Payment
enclosed
			

	 1	 Value of issued capital stock (the larger of line 19, line 20, or line 21) .... 	1
	2	New York base (multiply line 1 by	
%, from line 30) ............	 2
	 3	 Tax on allocated issued capital stock at one mill (multiply line 2 by .001) ..................................................	
3
	 4	 Tax (based on dividend rate) from line 45......................................................................................... 	
4
	 5	 Minimum tax........................................................................................................................................	 5	
10 00
	 6	 Tax due (amount from line 3, 4, or 5, whichever is largest) ....................................................................... 	
6
	 7a	 	Have you been convicted of an offense, or are you the owner of an entity convicted of an offense, defined
		  in New York State Penal Law Article 200 or 496, or section 195.20? (See Form CT-1; mark an X in one box) .......... Yes	
No
	 7b	 Tax credits: Mark an X in the box(es) indicating the form(s) filed and attach form(s):
		
CT-40	CT-41	CT-43	CT-243 	CT-249	CT-259	CT-501	
	 CT-601	CT-603	CT-606	CT-607	 CT-611	 CT-611.1	 CT-611.2				
	
CT-612	
CT-613	
CT-631	
CT-633 	
CT-637	
CT-639
	
DTF-630	
Other credits:	
....................................................................... 	 7b
	 8	 Total tax (subtract line 7b from line 6) .................................................................................................... 	
8
	 9	 Prior payments.................................................................................................................................. 	
9
	 10	Balance (if line 9 is less than line 8, subtract line 9 from line 8) ...................................................................	 10
	11	 Interest on late payment (see instructions) .......................................................................................... 	 11
	 12	 Late filing and late payment penalties (see instructions) ..................................................................... 	 12
	 13	 Balance due (add lines 10, 11, and 12 and enter here; enter the payment amount on line A above) ............ 	 13
	 14	 Overpayment to be refunded (if line 8 is less than line 9, subtract line 8 from line 9) ................................ 	 14
	15	
	16a	
16b	 Refund of unused tax credits (attach appropriate forms)......................................................................	 16b
	16c	
Schedule A ­– Assets and liabilities (use end of year values only)	
	
End of year values
	17	 Total assets from your balance sheet.........................................................................................	 17
	18	 Total liabilities from your balance sheet......................................................................................	18
	19	 Net value of assets (subtract line 18 from line 17) ............................................................................	 19				
Schedule B –
­­ Computing net value of issued capital stock (see instructions)
Part 1 ­– Average value
	A – Class of stock	B – Number of	C – Selling price during year	
D – Average selling price	E – Net value
		
shares at year end	 	High	 			
(column B x column D)
Low
	Common
	 Preferred
	 No-par-value
	 Total					

Net value (add column E)	 20	

406001160094

Attach a copy of your federal return.

Page 2 of 2  CT-185 (2016)

Part 2 – Computing net value at $5 per share
Total number of shares from Schedule B, Part 1, column B:	

. Multiply by $5 per share	

21	

Schedule C – Computing tax rate if dividend rate is 6% or more on some or all classes of capital stock (see instructions)
	
A	 B	 C	D	
E

		
Class of stock Value of stock on which	 Dividends paid	
Dividend rate	
dividends were paid		
(C ÷ B)	
	
	
	Common	
%	
	Preferred	
%	
	 No-par-value	
%	
	Schedule

	

If column D is 6% or more, multiply each percent, including
fractions of a percent, in column D by .00025 (¼ mill)
Tax rate (enter on line 33)
Tax rate (enter on line 36)		
Tax rate (enter on line 39)

D – 	Allocation percentage/issuer’s allocation percentage – if all of your assets are in New York,
enter 100 on line 30 (see instructions)

A – New York State	
B – Everywhere
	22	 Cash and bank balance.....................................................................	 22
	23	 Accounts receivable...........................................................................	 23
	24	 Shares of stock of other companies owned (attach list
		  showing corporate name, shares held, and actual value) ........................	   24
	25	 Bonds, loans, and other securities held, used, or employed..............	 25
	26	 All other assets...................................................................................	 26
	27	Leaseholds.........................................................................................	 27
	28	 Real estate owned.............................................................................	 28
	29	Total (add lines 22 through 28) .............................................................	 29			
	30	 Allocation percentage/issuer’s allocation percentage (divide line 29,
		  column A, by column B; use this amount to compute lines 2, 32, 35, 38, and 43) 	
30		
%
Schedule E – Computing tax (based on dividend rate if Schedule C, column D, is 6% or more; see instructions)
	31	 Par value common stock (from Schedule C, column B)..........................	 31
	32	 Taxable base (multiply line 31 by		 %, from line 30) ..............	 32
	33	Tax (multiply line 32 by	
, the tax rate from Sched. C, col. E) .....................................................	 33
	34	 Par value preferred stock (from Schedule C, column B) ........................	34
	35	 Taxable base (multiply line 34 by	
%, from line 30) ..............	 35
	36	Tax (multiply line 35 by	
, the tax rate from Sched. C, col. E) .....................................................	 36
	37	 No-par-value stock (from Schedule C, column B)...................................	 37
	38	 Taxable base (multiply line 37 by	
%, from line 30) ..............	 38
	39	Tax (multiply line 38 by	
, the tax rate from Sched. C, col. E).....................................................	 39
	40	 Remaining value of capital stock........................................................	 40
	41	 Value of stock used in computing line 40 on which dividends of 6% or more were paid ..	 41
	42	 Taxable stock (subtract line 41 from line 40) ...........................................	 42
	43	 Taxable base (multiply line 42 by	
%, from line 30) ..............	 43
	44	 Tax on one mill (multiply line 43 by .001) .................................................................................................	 44
	45	 Tax on allocated issued capital stock using dividend rates (add lines 33, 36, 39, and 44; enter here and on line 4) .... 	 45
Designee’s name (print)	
Designee’s phone number
Third – party 		 Yes	No
(		
)
designee 	 Designee’s e-mail address

Average value for the year of:	

(see instructions) 				

PIN

Certification: I certify that this return and any attachments are to the best of my knowledge and belief true, correct, and complete.
Authorized
person
Paid
preparer
use
only

(see instr.)

Printed name of authorized person	

Signature of authorized person	

	 E-mail address of authorized person	

Telephone number	

(		

	 Firm’s name (or yours if self-employed)		
	 Signature of individual preparing this return	

Address	

	 E-mail address of individual preparing this return		

See instructions for where to file.

406002160094

Official title

)

Firm’s EIN	

Date
Preparer’s PTIN or SSN

City	
Preparer’s NYTPRIN	

State	
or	

Excl. code	 Date

ZIP code