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Filing Information

Any corporation which incorporates, qualifies, or otherwise acquires a taxable status (nexus) in ³Ô¹ÏºÚÁÏ must file a Corporation Business Tax (CBT) return. In general, this includes all domestic corporations.

Every ³Ô¹ÏºÚÁÏ Corporation acquires a taxable status beginning either on the date of its incorporation, or on the first day of the month following its incorporation if so stated in its Certificate of Incorporation.

A foreign corporation (corporation formed outside ³Ô¹ÏºÚÁÏ) must file a CBT return if it:

• Does business in ³Ô¹ÏºÚÁÏ;
• Derives receipts from ³Ô¹ÏºÚÁÏ;
• Employs or owns capital in ³Ô¹ÏºÚÁÏ;
• Employs or owns property in ³Ô¹ÏºÚÁÏ;
• Maintains an office in ³Ô¹ÏºÚÁÏ;
• Holds a general Certificate of Authority to do business in ³Ô¹ÏºÚÁÏ issued by the ³Ô¹ÏºÚÁÏ Division of Revenue and Enterprise Services (DORES); or
• Holds a certificate, license, or other authorization issued by any other ³Ô¹ÏºÚÁÏ department or agency authorizing the company to engage in corporate activity in ³Ô¹ÏºÚÁÏ.

In addition, foreign corporations that are partners in a ³Ô¹ÏºÚÁÏ partnership and Combinable captive insurance companies also must file a return.

Combined Reporting Requirement

Groups of companies that have common ownership and are engaged in a unitary business are required to calculate their tax liability on a combined basis, if at least one member of the group is subject to the ³Ô¹ÏºÚÁÏ Corporation Business Tax.

Annual Reports

In addition to filing Corporation Business Tax returns, corporations are required to file Annual Reports with the (DORES).