Print Reset Save FORM BCA 1.35 ALLOCATION FACTOR INTERROGATORIES Business Corporation Act Secretary of State Department of Business Services 501 S. Second St., Rm. 350 Springfield, IL 62756 217-782-6961 www.cyberdriveillinois.com This form acts as a supplement to form BCA 1.15, Statement of Correction. __________________________ File #___________________________ Date Reviewed:__________________ Approved: ________ ________Submit in duplicate Type________or Print clearly in black ink Do not write________above this line ________ In accordance with the provisions of the Business Corporation Act of 1983, as amended, the Secretary of State herewith propounds the following interrogatories verifying property owned and business transacted as of the applicable date. PART I: COMPUTATION OF PROPERTY (Gross Assets — See Notes on Page 3) Line reference to (a) (b) The information below Schedule L of Property Property is given as of IRS Forms located in wherever ____________________ , _______ 1120 & 1120S Illinois located Month & Day Year Cash 1 $ ________________ $ ________________ Trade notes and accounts receivable 2a $ ________________ $ ________________ Inventories 3 $ ________________ $ ________________ U.S. Government obligations 4 $ ________________ $ ________________ Tax-exempt securities 5 $ ________________ $ ________________ Other current assets 6 $ ________________ $ ________________ Loans to stockholders 7 $ ________________ $ ________________ Mortgage and real estate loans 8 $ ________________ $ ________________ Other investments 9 $ ________________ $ ________________ Buildings and other depreciable assets 10a $ ________________ $ ________________ Depletable assets 11a $ ________________ $ ________________ Land 12 $ ________________ $ ________________ Intangible assets 13a $ ________________ $ ________________ Other assets 14 $ ________________ $ ________________ TOTAL PROPERTY (Gross Assets) $________________ ________________$ Page 1 Printed by authority of the State of Illinois. January 2015 — 1 — C 287.7 |
PART II: COMPUTATION OF BUSINESS TRANSACTED (Gross receipts — see notes on page 4) Line Line (c) (d) The information below reference to reference to Gross amount Gross amount is given as of IRS Form IRS Form of business of business ____________________ , _______ 1120 1120S transacted transacted at or Month & Day Year everywhere from Illinois Gross receipts, less returns 1c 1c $ _______________ $ _______________ Dividends 4 4b (Sch. K) $ _______________ $ _______________ Interests 5 4a (Sch. K) $ _______________ $ _______________ Gross rents 6 3A (Sch. K) and Line 2 (form 8825) $ _______________ $ _______________ Gross royalties 7 4c (Sch. K) $ _______________ $ _______________ Capital gains — Sch. D Sch. D gross sales price [Line 1 [Line 1 col. (d)] col. (d)] $ _______________ $ _______________ Sales of business Form 4797 Form 4797 property — gross [Line 2 [Line 2 sales price col (d) and col. (d) and Line 20] Line 20] $ _______________ $ _______________ Other income 10 5 $ _______________ $ _______________ Non-taxable receipts: Tax-exempt interest Sch. M-1 Sch. M-1 or dividends Line 7 Line 5a $ _______________ $ _______________ Other $ _______________ $ _______________ TOTAL GROSS RECEIPTS (Gross Amount of Business Transacted) _______________ $ _______________$ IMPORTANT—These interrogatories must be accompanied by a photocopy of the appropriate pages of the IRS Form 1120 or 1120S containing the line references for all lines completed above. If the corporation is included in a consolidated return, the appropriate schedules also must be provided. The undersigned corporation has caused this statement to be signed by a duly authorized officer who affirms, under penal- ties of perjury, that the facts stated herein are true and correct. All signatures must be in BLACK INK . Dated _______________________________ , _____ ________________________________________________ Month & Day Year Exact Name of Corporation ______________________________________ Any Authorized Officer’s Signature ______________________________________ Name and Title (type or print) Page 2 |
NOTES TO COMPUTATION OF PROPERTY (Part I) Total property means gross assets, including all real, personal, tangible and intangible property, without qualification. The value of gross assets is original cost without reduction for allowances, reserves, depreciation, etc. Total Gross Assets for this interrogatory should not equal “total assets” on Line 15 of Federal Schedule L (IRS Forms 1120 and 1120S). 1. Real and personal tangible property, including inventories, buildings, and other depreciable assets, depletable assets, land, and uninvested cash are located in Illinois if they are physically located in this State. 2. Trade notes and accounts receivable are located in Illinois if arising from Illinois sales. (See Notes (2) and (3) of Computation of Business Transacted.) 3. Invested cash, U.S. Government obligations, tax-exempt securities, loans to stock holders, mortgage and real estate loans, and other investments are located in Illinois if the notes, securities or certificates evidencing such investments are located in Illinois. If there no notes, securities or certificates evidencing such investments, such investments are located in Illinois if they are administered, managed, or controlled in Illinois. 4. Intangible property is located in Illinois if arising from the acquisition of a business located in Illinois. 5. All property not listed above, including other intangible assets, and property patents, trademarks, copyrights, prepaid expenses, and other miscellaneous assets, are located in Illinois if the property was acquired, produced or primarily used in Illinois. 6. Do not show a negative amount on this form. If the entry on the federal return shows a negative amount, insert “0” on the appropriate line of this document. Page 3 |
NOTES TO COMPUTATION OF BUSINESS TRANSACTED (Part II) Total gross receipts from whatever source derived must be allocated to Illinois based on the gross amount of business transacted by the corporation at or from places of business in Illinois. Gross receipts are not reduced by the cost of goods sold. Capital gains are not reduced by basis. Total Gross Receipts should not equal “total income” on Line 11 of IRS Form 1120 or Line 6 of IRS Form 1120S. 1. Sales of tangible personal property are allocated to Illinois if the sale of the property occurs in Illinois or is shipped from an Illinois location or the contract evidencing the sale is accepted in Illinois. 2. Service income, sales, other than the sales of tangible personal property, and other receipts are allocated to Illinois if the income-producing activity is performed in Illinois is administered, managed, or controlled in Illinois. 3. Income from investments such as dividends and interest (whether taxable or non-taxable) is allocated to Illinois if such investments are administered, managed, or controlled in Illinois. 4. Dividends and interest from a subsidiary, if more than 10 percent owned, are allocated to Illinois if the subsidiary trans- acts business primarily at or from places of business in Illinois. 5. Gross rents are allocated to Illinois if the property being rented is located in Illinois. 6. Gross royalties from oil, mineral, or other leases are allocated to Illinois if the leased property is located in Illinois; other royalty income is allocated to Illinois if the activity giving rise to the payment of the royalty was transacted at or from locations in Illinois. (See (1) and (2) above.) 7. Gross sales prices for dispositions of real estate, property and capital assets are allocated to Illinois if the property sold was located in Illinois at the time of the sale. 8. Do not show a negative amount on this form. If the entry on the federal return shows a negative amount, insert “0” on the appropriate line of this document. Page 4 |