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CORPORATION
SCHEDULE RZ OF BC-1120
CITY OF BATTLE CREEK INCOME TAX
TAX YEAR:
FOR COMPUTATION OF THE RENAISSANCE ZONE DEDUCTION
FOR USE BY A CORPORATION LOCATED AND DOING BUSINESS IN A BATTLE CREEK RENAISSANCE ZONE
INSTRUCTIONS ON OTHER SIDE
1. Corporation name as shown on BC-1120 2. Federal Employer Identification Number
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3. Address of each location in a Battle Creek Renaissance Zone
4. Dates qualified to claim Renaissance Zone deduction this tax year : Starting date // Ending date //
DISQUALIFICATION SECTION
A CORPORATION IS NOT QUALIFIED TO CLAIM THE RENAISSANCE ZONE DEDUCTION IF ANY OF THE FOLLOWING TAXES ARE DELINQUENT:
Battle Creek Income Tax Personal Property Tax Commercial Facilities Tax (CFT) City Utilities Users Tax
Michigan Income Tax Michigan Single Business Tax Enterprise Zone Tax Technology Park Development Tax
General Property Tax Industrial Facilities Tax (IFT) Neighborhood Enterprise Zone Tax Commercial Forest Tax
CORPORATION LOCATED AND DOING BUSINESS IN A BATTLE CREEK RENAISSANCE ZONE
TO CLAIM A RENAISSANCE ZONE DEDUCTION A CORPORATION MUST HAVE REAL AND/OR PERSONAL PROPERTY
LOCATED IN A BATTLE CREEK RENAISSANCE ZONE AND BE CONDUCTING BUSINESS ACTIVITY IN THE ZONE
COLUMN 1 COLUMN 2 COLUMN 3
RENAISSANCE ZONE APPORTIONMENT PERCENTAGE LOCATED IN LOCATED IN
BATTLE CREEK RENAISSANCE ZONE PERCENTAGE
Average net book value of real and tangible personal property
5a. (If qualified for less than a full tax year, use monthly average) 5a
(Column 2
5b. Gross rents paid on real property multiplied by 8 5b divided by
column 1)
5c. Total property (Add lines 5a and 5b of columns 1 and 2) 5c %
6. Total wages, salaries and other compensation 6 %
7. Total percentages (Add column 3 lines 5c and 6) %
7
8. Renaissance Zone deduction percentage (Divide line 7 by 2) %
8
TAXABLE INCOME AND TAX COMPUTATION
9. Total income subject to tax from BC-1120, line 13 00
9
10. Renaissance Zone deduction for business (Line 9 multiplied by line 8) 00
10
11. Adjusted income subject to tax (Line 9 less line 10) 00
11
12. City of Battle Creek Tax (Multiply line 11 by .01). Enter here and on BC-1120 line 10 00
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