Enlarge image | 190518 KANSAS K-36(Rev. 10-20) TELECOMMUNICATIONS CREDIT For the taxable year beginning_________________________, 20 _______; ending ________________________ , 20 ______ Name of taxpayer (as shown on return) Employer ID Number (EIN) Name of parent corporation Employer ID Number (EIN) Using the information provided on Form TC-100, enter the PVD ID Number in column (a), and the amount of credit available in column (b) for the appropriate years. Column (c) is the portion of column (b) for each year that was actually and timely paid in the tax year being reported. Column (d) is the date the eligible property taxes were paid and should match the receipts used to determine the amounts in Column (c). Property (a) (b) (c) (d) tax year PVD ID # Credit available from Amount of column (b) paid this year Date paid PVD Form TC-100 and available for credit (do not include any filing penalties) 2020 2021 Total credit available this tax year (add totals in column c). Enter this amount in Part I of your Form K-120................................ GENERAL INFORMATION income tax year for which you are filing this credit schedule. Telecommunications Credit Property taxes may be timely paid in one income tax year for property assessed in two different years. K.S.A. 79-32,210 created an income tax credit for property taxes paid by telecommunication companies on property initially IMPORTANT: Do not enclose either the tax receipts or acquired and first placed in service after January 1, 2001 that Form TC-100 with this schedule. However, keep a copy of has an assessment rate of 33%. The credit will be equal to the the county tax receipt(s) showing timely payment of the amount of property taxes timely paid for the difference between an personal property tax. The Kansas Department of Revenue reserves assessment level of 25% and the actual assessment of 33%.State the right to request additional information as necessary to verify assessed telecommunications companies are eligible for this credit. your tax credit. This is a refundable credit and therefore if the available credit exceeds the tax liability for the telecommunication company for any TAXPAYER ASSISTANCE year all additional credit will be refunded to the telecommunications For information and assistance regarding the establishment or company or all proper partners, owners or members of the operation of an agritourism activity contact: partnership, S corporation, LLP or LLC. For tax year 2013, and all tax years thereafter, new credits shall State Assessed Bureau be available to only corporations that are subject to the Kansas Property Valuation Division corporate income tax (i.e., C corporations). New credits are not Zibell Office Building available to individuals, partnerships, S corporations, limited 300 SW 29th Street liability companies, and other pass-through entities. PO Box 3506 K.S.A. 74-50,227 requires the collection of certain tax incentive Topeka KS 66625-3506 information for publication on a database managed by the Kansas Phone: 785-296-2365 Department of Commerce. Information collected will include the name and address, including county of the recipient receiving the For assistance in completing this schedule contact the Kansas benefits from the tax incentive program, the annual amount of Department of Revenue: incentive claimed, distributed or received, qualification criteria for Taxpayer Assistance Center the incentive, and required benchmarks for continued participation Scott Office Building in the program and progress made towards the benchmarks. 120 SE 10th Ave Required Documentation PO Box 750260 Telecommunication companies will need a copy of Form TC-100 Topeka, KS 66699-0260 issued by the Division of Property Valuation within the Kansas Phone: 785-368-8222 Department of Revenue that provides the amount of the tax credit Fax: 785-291-3614 available. Form TC-100 may be needed for two separate years as the Additional copies of this credit schedule and other tax forms are credit is only available for property taxes paid timely during the available from our website at: ksrevenue.gov |