Form 6100i Fillable Form 6100 (Formerly Form 650) and Form 6150 (Filed Under 15 AAC 20.241 (c)) 2013 Alaska Oil and Gas Corporation Net Income Tax Return Instructions
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)

611SF A box has added to page 1 to report the NAICS code of the A federal extension automatically extends the Alaska filing amended return If you are amending a return for 2012 or earlier Amended Return preferably in red across the top of the amended Amended return: Check this box if this return is an amended At least $500 At least 10% of the expected tax liability and Checkboxes on page 1 Return Information have been added consolidate after apportionment Taxpayers required to report Election to waive carryback period for net operating loss: exploration production refining manufacturing processing Final Alaska return: Check this box if you do not expect to Form 6100 is for the use of taxpayers whose unitary business If as if taxable income is greater than zero then a capital If as if taxable income is less than or equal to zero then If this is an amended return filed to make a protective If this is an amended return filed to report audit changes by Increase in tax liability due to cessation of commercial Look back interest is based on federal interest rates and Modified checkboxes: Other Taxes predominantly petroleum as defined in Alaska Regulation predominantly petroleum as defined in Alaska Regulation 15 AAC predominantly petroleum use Form 6150 Public Law 86 272 (P L 86 272): Check this box if the Recapture of (federal) low income housing credit must be Recapture of Alaska investment tax credit is subject to federal Report only the net operating loss (NOL) utilized in the current Report only the unused capital loss (from other tax years) Revenue Online Since this is a transition year these instructions S corporations use line 5 to report built in gains or excess Schedule B Schedule H has been renamed as Schedule G Schedule K Charitable Contribution Worksheet to calculate Schedule L Dividends Received Deduction (DRD) Worksheet Schedules I 1 I 2 and I 3 have been consolidated to one Short Form The Alaska credit for prior year minimum tax is entered The return has been redesigned to accommodate amended (a) the existence of centralized departments that perform the (attributable to dividends qualifying for 100% DRD) (b) centralized executive officers who are involved in planning (in excess of the overpayment reported on the original return) then (losses) from federal Form 4797 line 7 attributable to the combined (plus the taxpayer listed on page 1) unless a corporation is (property extraction sales) that corporation has in Alaska The (Schedule K line 8) (see instructions above) (See instructions for related checkboxes below ) (see Paid Preparer Authorization on page 5) (tax years beginning before 8/26/13) (tax years beginning on or after 8/26/13) 0405 6000i Rev 01/01/14 page 1 0405 6100i Rev 01/01/14 page 2 05 310 1 000 1 500 1 Current as of date of publication 1 Schedule G (Alaska income) through line 8 1 that are not included in the unitary business of the taxpayer(s) 1 that are part of the taxpayer s unitary business but whose U S 1 through 2e 1 through 4 of Form 1120S pages 1 through 6 of the Form 1) A copy of pages 1 through 5 of federal Form 1120 pages 1) Call the DOR for information about the processing of the return 1) owning or using property in the state including leased or 1) Same type of business Corporations are generally engaged 1) Use the correct form and schedules Form 6100 (or the 10 000 10 000 10 830 11% compounded quarterly to 3 75% calculated as simple interest 11% compounded quarterly to 3 75%1 calculated as simple 1120 F includes all income of the corporation 1120 line 30 increased by the sum of lines 29a and 29b on federal 1120 line 8 Do not include any capital gain income excluded as 1120 line 8 reported by members of the Other Business group 1120 Schedule J attributable to the combined 1120F etc for the tax year 1231 gains and losses 124 000 124 000 13 Enter on line 13 the total of lines 4 and 8 Divide line 13 by 148 000 148 000 15 2014 to May 15 2014 to allow corporations to take advantage 15 AAC 20 421(c) If the taxpayer s unitary business is not 15th day of the third month after the close of the tax year See 173 000 173 000 19 1999 Notice of Application of AS 43 19 010 Art 4 Sec 18(c) 198 000 198 000 2 1/2 months after the close of the tax year is subject to a failure 2 100 2 800 2 and enter the result on line 14 See Alaska Regulation 15 AAC 2 Current as of date of publication 2 Form 6385 Tax Attribute Carryovers must be attached to claim 2 Schedule J (capital gains/losses) including capital loss 2) If Form 1120 is electronically filed attach a copy of the 2) presence of employees in the state for business purposes; 2) Respond to certain DOR notices about math errors offsets 2) Steps in a vertical process Corporations are engaged in a 2) The worldwide combined reporting method is mandatory in 20 000 20 000 20 1999 the Department allows taxpayers to determine the 20 300 Typically this line should include federal taxable income 20 300(e) and (f) for further information 20 300(f) Attach a schedule by company that details the amount 20 421(c) If the taxpayer s unitary business is not predominantly 20 480 for more details 20 490(2) for more information 20 490(3) for more information 20 610 If an insurance company pays Alaska premium tax under 2013 Alaska Oil and Gas Corporation 222 000 222 000 or more 246 Separately calculate the allowable DRD for the Petroleum 246(b) 246) Carry the amount of allowable dividend received deductions 25 000 25 000 272 then that corporation checks the appropriate box 3 600 3 and enter the result on line 14 See Alaska Regulation 15 AAC 3 Schedule K (charitable contributions) 3) File with the correct taxpayer name If the Alaska taxpayer is 3) making sales into the state; or 3) Strong centralized management Corporations that might 3) Where a consolidated federal return is filed attach copies of 30 000 30 000 30 days of the due date for the federal return Note that the 3800 with applicable supporting federal forms and copies of 4 500 4 of the federal Form 1120S and Form 7004 if applicable 4 Schedule L (dividends received deduction) 4) Provide the name and phone number of a contact person who 4) Schedules M 3 and supporting schedules 4) the generation of income from sources within the state without 40 000 40 000 43 20 049 The amount of credit is 10% of qualified expenditures 49 000 49 000 5 Calculate as if Alaska taxable income (Schedule A line 1) 5) If this is a consolidated Alaska return then you must complete 5) Schedule D and supporting schedules 50 000 50 000 50% of total factors are required to separately report petroleum 6 Enter the allowable capital loss carryback in the space 6) Form 4797 and supporting schedules 6) If this taxpayer and one or more other Alaska taxpayers 60 000 60 000 6001 7872 with full force and effect unless excepted to or modified 6150 includes both Schedule G (to report Petroleum Business) 6150 Schedule H is now Schedule G on Form 6100 Form 6220 Underpayment of Estimated Tax by Corporations 6385 Tax Attribute Carryovers This form may also be used to claim 650 that pertained directly to not predominantly petroleum 7 Complete the remainder of the return 7) Attach a schedule as required by the forms Schedules 7) Credits: If claimed on the Alaska return include copies of Form 70 000 70 000 74 000 74 000 8) Attach a copy of the signed federal income tax return of the 8) Extension: Form 7004 if applicable 80 000 80 000 8d column A plus the part of the dividends on Schedule L line 8f column A from 20% or 8d column C plus the amount from Schedule L line 8f column C that is attributable to 9 Use the worksheet in Appendix B to calculate the amount of 9) To avoid interest and penalties pay any tax due within two and 90 000 90 000 or more 99 000 99 000 990 T etc ) The copy must be of the return actually filed with the a 2013 return the form has a checkbox on page 1 to indicate A business is unitary if the entities involved are under common a capital loss carryback cannot create or increase a current net a capital loss carryback is not allowable a carryback of NOL or capital losses a carryover or a carryback in the spaces provided on line 2 A check must be submitted with the appropriate return or payment a combination of the two a consolidated Alaska return Additionally two or more taxpayers a corporate return for Alaska Every effort is made to ensure that A corporation is required to file an amended Alaska return to report A corporation that does not file its complete return by the due date A corporation that does not pay the full amount of tax due within A corporation that has overpaid its estimated tax for the tax year a dividends received deduction because they have already been A federal extension automatically extends the Alaska filing due date a follow up amended return which reports the Alaska tax liability as a member of a federal consolidated group then the name on a net operating loss unused capital losses or excess charitable a particular factor) are zero disregard that factor and divide line 13 A partnership doing business in the state having one or more a partnership for federal income tax purposes must follow the A pro forma return will not fulfill this requirement Failure to A protective refund claim is filed to preserve the taxpayer s right to A REIT that meets the more than 50% ownership test is required to a schedule by category of income Enter on line 2g expenses a schedule of all non business income claimed by type of a tax on the S Corporation for pass through items of income or A taxpayer making a payment by wire transfer is required to notify A taxpayer may pay taxes electronically by using OTIS or Revenue A taxpayer with business income attributable to sources within a vertically structured enterprise For example corporations AAC 20 421(c) These instructions are generally applicable to both AAC 20 490 and 15 AAC 20 500 for rules concerning the modified accept ACH credit or credit card transactions If a taxpayer is using accepts amended returns on Forms 611X or 611N An amended accordance with IRC Sections 243 247 in column A of line 8 accrued interest at 3 75% from 1/1/14 and any interest balance ACH debit originator The company ID for the DOR is 0000902050 activities constitute a single trade or business activities in the state during the tax year are required to file activities in the state during the tax year are subject to water s edge activity or transaction Add back capital loss carryback amount included in Schedule J line 14 Add back capital loss carryback amount included in Schedule J line 9 Add lines 1 2 If < 0 STOP Enter amount from Schedule L line 9 on Schedule F line 3c Add lines 1 2 If < 0 STOP Enter amount from Schedule L line 9 on Schedule G line 9c addition to tax calculated at ordinary tax rates on Schedule D additional information please see Form 6750 and the associated additional tax liability) or otherwise represent the corporation Additions to Instructions additions to tax liability applicable through Alaska s adoption of the Adjustments to Federal Income Tax Liability Adjustments to Federal Income Tax Liability 8 administrative and judicial interpretations of the federal income tax Adoption of the IRC Adoption of the IRC 6 affected by the expiration of the statute of limitations period for the after 2013 enter the amount of carryback to be utilized in the space agree to the totals reported on the form Alaska (property sales extraction for Petroleum Business; property Alaska alternative minimum tax previously Alaska applies both the transactional and functional tests of Alaska charitable contribution deduction limited by its Alaska Alaska consolidated returns resemble but do not mirror the federal Alaska corporation is claiming protection under P L 86 Alaska credit for prior year minimum tax Lesser Alaska Credit for Prior Year Minimum Tax Worksheet Alaska credit may not exceed the cumulative Alaska alternative ALASKA DEPARTMENT OF REVENUE Alaska for all oil and gas corporations A separate company alaska gov for current status for the 2013 filing alaska gov for information alaska gov If the payment covers multiple tax years prepare a Alaska group will check the P L 86 272 box on Schedule Alaska has not filed a tax return and may subject the corporation Alaska imposes both the federal excess net passive income Alaska includes insurance companies in the combined group with Alaska Interest Rates Alaska Interest Rates 8 Alaska Items Alaska Items Schedules J K & L 14 Alaska provides a Voluntary Disclosure Program to qualified Alaska Quick Refund of Estimated Tax Alaska regulations provide that intercompany transactions Alaska return An extension of time to file is not an extension of Alaska return Generally an S Corporation will satisfy its filing Alaska return is not permitted Do not file using a water s edge Alaska taxable income credits and other taxes for each business Alaska taxable income reported on line 1 then enter the amount of All factor calculations (lines 4 8 12 and 14) must be rounded to all oil and gas corporations allocated and apportioned net capital losses from prior years Do Allocation and Apportionment of Income Allocation and Apportionment of Income 7 allocation and apportionment the 10% taxable income limitation Allocation refers to the assignment of non business income to a Alternatively the taxpayer may elect to report the book income of amended return shows an overpayment Amended Returns Amended Returns 8 amending a 2013 return the form has a checkbox on page 1 to amount at any date after 12/31/13 will include the tax balance amount is then multiplied by 18% but is not apportioned amount of charitable contribution carryover to be converted to amount of the federal AMT that is applicable to the water s edge Amount Over AMT credit multiplied by 18% and apportioned if appropriate The an Alaska dividends received deduction for the REIT dividends an Alaska return if it is not required to file Form 990 T an Alaska taxpayer If this taxpayer or consolidated group has An amended return must be filed as a complete return If you are An exception is a corporation claiming exemption under P L 86 an inquiry from the DOR and meet other requirements Certain An LLC doing business in the state must file an Alaska return an online payment to register the State of Alaska as an authorized An S Corporation doing business in Alaska is required to file an Anchorage: 907 269 6620 and a copy of the signed federal Form 1065 pages 1 5 and apportioned dividends included in Alaska taxable income and and attach schedule by category of income and attached to the tax return and by company and multiply across Enter the sum of line 8a d column C in line and other business income is apportioned using standard factors and other taxes have been calculated are they consolidated and outside Alaska must apportion such income To calculate the and return preparation and Schedule H (to report Other Business) and tax brackets are changed The lowest tax rate of 1% was and to calculate the amount of charitable contribution carryover to and Unitary Group or Unitary Business ) annual accounting period of the taxpayer an interim closing of the annualized method has been removed from page 1 Return any amendment of the taxpayer s federal income tax return or re any federal deduction limitations and exclusive of any federal any refund check bind the corporation to anything (including any APPENDICES Appendix A Form 6100 Appendix A Form 6150 Appendix A Worksheet for Charitable Contribution Appendix B Form 6100 Appendix B Form 6150 Appendix B Worksheet for Dividends Received applicable applicable IRC provisions applicable to that corporation Application for Voluntary Disclosure apportioned separately for the Petroleum Business and the Other Apportioned tentative credit Multiply line 2 by apportioned to Alaska (18% does not apply) Attach a copy Apportionment factor apportionment factor use Schedule I Apportionment Factor apportionment factors calculated under Alaska Regulation 15 AAC apportionment formulas under AS 43 20 144 The appropriate Apportionment refers to the division of business income among appropriate apportionment formula under AS 43 20 144 based on appropriate Form 8453 or Form 8879 (signed) as filed with are based on the apportioned Section 1231 gains and losses in are business income Income from tangible or intangible property are calculated at the highest Alaska marginal tax rate of 9 4% are considered to be indications of a unitary trade or business and are contained at Alaska Regulation 15 AAC 20 421(c) Taxpayers are included in a consolidated federal return these same are necessary to reflect the combined income of the water s edge are transitioning from using the Online Tax Information System are working on providing the ability for corporate taxpayers to file arise during the processing of the return The corporation is also AS 21 09 210 then that company is exempt from corporate income AS 43 20 047(h) Use Form 6323 to calculate the increase AS 43 20 300 require the DOR to apply as far as practicable the as a corporation and so must file an Alaska corporate income as a corporation for federal income tax purposes the LLC must As announced in the Notice dated 8/21/13 the DOR no longer as appropriate Taxpayers using the combined method of reporting as limited under IRC Section 246 Use the worksheet in Appendix As we implement the new tax revenue management system we assistance please call: associated Form 6150) are required for any taxpayer engaged at 12/31/13 at any date after 12/31/13 will include the tax balance accrued At Least attach a complete copy of the federal audit report RAR attach a copy of the signed appropriate federal Form 8453 or Attach a schedule by company attach a statement explaining the changes being reported attach schedule by category of income attach to return Attachment of Federal Return Attachment of Federal Return 6 attributable to exempt foreign trade income attributable to the in state manufacture or modification of tangible audit change authorizing the paid preparer to: Avoid Common Mistakes Avoid Common Mistakes 4 B line 1 next to that corporation s name if P L 86 272 is B to calculate the allowable deduction and enter the amount on B to effect a protective filing B Total the allowable DRD from the Petroleum Business and the be attached An amended Alaska return is required if the federal be included in the combined group The taxpayer may not claim be physically labeled with Taxpayer Name EIN and tax year If Be sure that attached schedules are properly referenced and be taken In addition to corporate income tax the credit may be before 8/26/13 This includes returns filed for calendar year 2013 before the DOR beginning of year intercompany profits on transactions between Beginning on 1/1/14 Alaska interest is calculated at 3 75%2 simple below for more details between any two members of the combined group if those two between parts of the unitary business binding election and the overpayment cannot be re applied at a block the taxpayer is encouraged to contact its bank before making books should be made for the members whose accounting period both within and outside of Alaska Note that the list of taxpayers brackets business activities that are related to or incidental to oil and gas Business and Other Business according to the principal activity Business and the Other Business using the worksheet in Appendix business are engaged in one unitary trade or business when business both within and without Alaska enter total gains and business conducted within and outside Alaska the members of business depends on the facts of each case The following factors business gain or loss that is allocable to Alaska on lines 8 and 14 business income and other business income business income Income resulting from transactions or activities business segment Business segment before deductions for federal net operating Business segments Business Tax and certain taxes paid by insurance companies But Less but not less than zero but not less than zero This is the taxpayer s net capital gain Enter by other provisions of Alaska law In addition AS 43 20 160 and by the remaining number of factors and enter the result on line 14 calculated at 3 75% of the balance of tax due The payoff amount can answer any question that the DOR may have regarding the Capital gains charitable contributions and dividends received carryback carryback period This election is state specific; a federal carryback to be utilized in the current year in the space provided carrybacks of net operating losses and capital losses carryover to current year but excluding capital loss carryover values Schedule K is used to measure the taxpayer s carryovers or carrybacks of tax attributes such as net operating Carryovers See Amended Returns on page 8 for more Carryovers You must attach Form 6385 to the cases If corporate level taxes are imposed attach copies of the Caution: A Publicly Traded Partnership (PTP) is generally taxed Caution: If Schedule B is not properly completed then the DOR Certain Alaska taxpayers may be subject to AS 43 20 144 by virtue certificate may be used within six years (formerly three years) This change or extend any payment due date change was effective 9/20/13 For administrative convenience check Check all boxes that apply Check the boxes indicating which activities that corporation has in Check this box if the tax return shows a net operating loss check yes here and attach a copy of Form 7004 to the claim a refund when the taxpayer s right to the refund is contingent claim and including a written statement that clearly identifies claim Any claimed overpayment is not refunded until the matter claim check the additional box and attach a statement claiming exemption under P L 86 272 code sections this may require that the taxpayer to recompute column A by 18% and enter the result in column B Combined Affiliates Having Different Accounting Combined Affiliates Having Different Accounting Periods 7 combined group from federal Schedule J Multiply the amount in combined group that are included as income in line 1 above Do not combined group The incomes of the companies represented in combined income of the group to measure their Alaska taxable Combined Report Combined Report 7 combined report then a copy of the federal return filed by any of combined reporting and are required to file Form 6000 Alaska combined reporting method (See page 7 Combined Report common owner(s) or by one or more of the members of the group common parent Where no common parent exists the income of company detail of factor numerators (property extraction and company) or line 12 (in the case of a producing company) Enter complete and attach Form 6220 Underpayment of Estimated complete the Alaska corporation income tax return reporting the completed if the Alaska return is a consolidated return List each comprise the consolidated Alaska return computation of tax by the IRS The Alaska amended return must be confidential tax information Generally we cannot discuss tax consistent with its federal tax status If the LLC is characterized consolidated Alaska income tax return Schedule B must show all consolidated federal return and are in the same unitary business consolidated group may not be an intercompany transaction of the consolidated group that were eliminated in the federal consolidated consolidated return In an Alaska consolidated return the federal consolidated return who are in the same unitary business must file consolidation rules are applied to construct the Alaska consolidated construction fund then the taxpayer will calculate its FTI as Form consumer products are engaged in a unitary trade or business Contact Person Contact Person 9 contribution amounts limited by the unitary group income Line 10 contribution deduction This worksheet will also calculate the contributions contributions then you must attach new Form 6385 Tax Attribute convert to net operating loss if applicable copy of federal Form 8611 copy of its signed federal income tax return (Form 1120 1120S corporate income tax returns from April 15 2014 to May 15 2014 corporate level tax is applicable Attach a copy of pages 1 through corporate taxpayers to file their Alaska returns corporation Corporation and Subs ) All other Alaska taxpayers are listed on Corporation box on page 1 checked Alaska does not impose corporation listed on page 1 If this is a consolidated Alaska corporation must calculate its tax on Schedule D using the corporation named on page 1 is claiming protection under Corporation Net Income Tax Return Corporation Net Income Tax Return Corporation Net Income Tax to the same extent it is subject to corporation skip lines 2a 2g and enter the amount from line 1 on Corporations corporations An LLC with corporate member(s) characterized as corporations have nexus in Alaska The requirement for corporations in the ownership chain must file Form 6900 Alaska corporations other than the taxpayer shown on page 1 with nexus corporations within the water s edge combined group to the extent correctly listed on Schedule B to be considered as having made a credit allowable in the current year You must complete and attach credit for prior year minimum tax (AMT credit) is based on the federal Credit for prior year minimum tax from Form Current tax forms and instructions are available online at: www dated 9/12/13 on our website at: www tax state ak us/programs/ day prior to the wire transfer settlement date Prepare the payment deducted Deduction 15 Deduction 16 deduction from Schedule K line 10 deduction require special treatment They must be calculated and defined in 15 AAC 20 300(e) subject to the election at 15 AAC details please refer to Alaska Regulation 15 AAC 20 135(f) and (g) Determination of whether the activities constitute a unitary trade or determined on the basis of the same accounting period Generally different from the taxpayer shown on page 1 identify the payer by differs from the common parent and/or taxpayer If no substantial Digital documents are accepted in pdf or tif format only on the directed This must be an officer or employee authorized to receive direction (formal or informal) and activities within and without the directly or indirectly by one or more corporate or non corporate directlyon Schedule A line 11 rather than on Schedule E disaster Be sure to attach a copy of your federal extension to your Disclaimers Disclaimers 9 discuss taxpayer information with an outside party unless discussion on page 7 Divide line 13 by 2 and enter the result on line 14 See Alaska dividends allowable based on Alaska taxable income (IRC Section dividends from 20% or more owned corporations Dividends received deduction after limitation Add amounts in column B Enter the dividends) Do not enter dividends between members of a federal Do not enter the federal net operating loss deduction The Alaska Do not include any capital gain income excluded as non business Do not list affiliated corporations that are not Alaska taxpayers Do not use the name of the federal consolidated group ( XXX domestic unitary corporations not included in line 1 with 20% or DOR does not accept pro forma returns due date If a federal extension is in effect for the taxpayer due date remains October 15 2014 This also does not change economies of scale Effective 7/1/13 the film production tax credit program was Effective for tax years beginning on or after 8/26/13 the tax rates EFT or wire transfer election must be made on a timely filed return (including Electronic Filing of Federal Return Information Electronic Filing of Federal Return Information 6 electronically Watch our website at www tax elimination of intercompany profits as required under the combined elimination or adjustment from the consolidated federal return the employees or agents or through its interest in a partnership or engaged in a unitary business Enter amount from Schedule K line 7 Enter amount from Schedule L line 8b column A plus the amount from Schedule L line Enter amount from Schedule L line 8b column C plus the amount from Schedule L line Enter amount of capital loss carryback utilized included in Schedule J line 14 Enter amount of capital loss carryback utilized included in Schedule J line 9 enter dividends between members of a federal consolidated group Enter in columns A and B the smaller of line 11 or line 13 Enter in worksheet columns A and B the amount from Schedule L line 8a column C Enter in worksheet columns A and B the smaller of line 6 or line 7 If line 7 is greater Enter lesser of line 11 or 12 This is the amount of charitable contributions converted to NOL Enter lesser of line 9 or line 8 Enter sum of lines 7 9b from Schedule G Enter sum of Schedule F lines 1 2 column C plus line 3a (taxable income before charitable contribution) but not less than Enter sum of Schedule F lines 1 2 column C plus Schedule F lines 3a 3b Enter sum of Schedule G lines 7 9a Schedule H (taxable income before charitable contribution) but not less than zero Enter the amount from line 6 on Schedule K line 8 If line 9 is more than line 8 complete remainder of worksheet enter the amount of carryover to be utilized in the space provided Enter the corporate level taxes on Form 6100 Schedule E line 5 Enter the dates and amounts of estimated tax payments made Enter the name and federal Employer Identification Number (EIN) enter the result on line 14 Enter the taxpayer s current gains and losses before any federal entered on line 1 Estimated Tax Payments Estimated Tax Payments 5 Every corporation engaged in either oil and gas production or exceed $9 800 000 excess charitable contributions then you must attach new Form excess contribution carryover Exempt Organization exist as a result of a corporation s direct activity the activity of its expanded from a total of $100M to $300M under SB 23 The credit explained on page 14 Other Business income is reported on explaining the protective claim See additional instructions Extension of Time to File Extension of Time to File 5 extensions) Alaska follows federal rules where a taxpayer factors average less than 20% Attach a schedule by company failure to file and failure to pay penalties are applicable only the failure to file penalty is imposed federal forms may not be accurate Nothing in these instructions federal forms supporting any credits not reported on Form federal return See specific instructions on page 9 regarding Federal tax return information can be filed in digital file format federally exempt foreign trade income and allowing for deductions file a return in accordance with the instructions applicable to file an Alaska Oil and Gas Corporation Net Income Tax Return filed an Alaska corporate tax return have not been the subject of filed with full payment of any additional tax within 60 days after the Filing a Consolidated Return Filing a Consolidated Return 6 filing and prevent unnecessary correspondence with the DOR filing capabilities that are expected to be available April 28 2014 Filing Extension for 2013The DOR has extended the filing due date for calendar year 2013 final determination of the federal adjustment to avoid assessment finalized is later than the date on federal Form 4549 or 4549A the finally resolved following media: CDs DVDs or thumb drives All media must following month following the federal due date However for 2013 calendar year For calendar year tax returns and any other tax period that began For delinquent balances outstanding at 1/1/14 interest will be for help in preparing your return for in the combined report in the same manner as the transaction for Protective Claim on page 8 for qualified oil and gas service industry expenditures under AS For rates prior to 1/1/14 refer to our website at www tax alaska for tax years beginning after 12/31/13 Expenditures that qualify for the entire corporation The corporation may not report federal for the tax year If a payment was made under a name and EIN for this credit are those incurred in Alaska which are directly Foreign corporations are treated as domestic corporations for Form 1120 See federal instructions for Form 1120 line 30 for Form 6000 Alaska Corporation Net Income Tax Return Form 6100 Form 6100 (or the associated Form 6150) is required for any Form 6100 is for use by taxpayers whose unitary business is Form 6100 is used by taxpayers whose unitary business is Form 6150 FORM 6150 Form 6150 (Filed Under 15 AAC 20 421(c)) Form 6150 Accordingly the relevant sections of (former) Form Form 6300 line 29 to report Alaska incentive credits that are not Form 6385 Tax Attribute Carryovers Form 6385 Tax Attribute Carryovers has been developed to claim Form 774 Power of Attorney Form 8453 or Form 8879 which must show the signature Form 8879 Do not attach a pro forma return Send only the Form Changes Forms 6100 and 6150 Instructions specific to Form 6150 are on formula is determined based on the activities of the taxpayer s from its federal charitable contribution deduction as a result of from line 7 according to the appropriate deduction percentage in from prior years from line 6 of Form 6385 Tax Attribute Carryovers from Schedule D the sum of lines 8 10 plus lines 12 14) Do not Full payment of the Alaska tax must be made on or before the full text of this notice can be found under Tax Types Corporate G as non business income These dividends are not eligible for G line 9a Gains and losses are measured after allocation and apportionment gains and losses from Schedule J line 20 GENERAL INSTRUCTIONS Generally an exempt organization is subject to the Alaska Generally when it is necessary to convert an affiliate to the generated an Alaska investment tax credit The subject gov for the current status for the 2013 filing season graduated rates in addition to the 12 6% add on tax that is reported greater U S factors Attach a schedule by company gross up foreign dividends and dividends deducted on Schedule group group and the federal taxable income of foreign corporations as group Do not use the amount from Form 4797 line 17 which group except the taxpayer listed on page 1 Do not list all group must report their NAICS codes on Schedule B line 1 group to other members of the Other Business group (intercompany group with the consolidating eliminations and adjustments have been removed from Form 6100 and are included in Form have nexus in Alaska after this tax year having nexus in Alaska change the designated taxpayer according House (ACH) debit payments OTIS and Revenue Online do not However the Alaska capital gains rate of 4 5% may apply in some identified as either a carryover or a carryback in the spaces If a bank account has a debit block any online payment request If a corporation is protected under P L 86 272 and the corporation If all business activity is within Alaska skip lines 1 13 and enter 1 0 If Form 1120 is electronically filed attach a copy of the appropriate If it is necessary to amend your return while a protective claim If line 9 is less than line 8 STOP Charitable contributions are fully deductible and there is no charitable contribution carryover If one member of an Alaska consolidated group claims protection If the applicable box is checked the corporation is authorizing If the Attorney General s opinion applies check the relevant box at If the capital loss was generated in a year prior to the current year If the common parent of the federal consolidated group is an Alaska If the corporation is a Personal Holding Company (PHC) the If the corporation wants to allow the DOR to discuss its tax return If the corporation wants to revoke the authorization it must file a If the federal return was also amended a complete copy must If the taxpayer qualifies for special federal treatment under these If the unitary business is engaged only in oil or gas production in If the unitary business is engaged only in regulated pipeline activity If the unitary business produces oil or gas in the state and also If there is more than one corporation holding such an interest use If this is an amended return filed to claim a carryback from a year If this is an amended return filed to report an additional overpayment If this is an amended return use the section Amended return only If you answered no STOP Enter amount from line 3 on Schedule K line 8 If you answered yes then complete the remainder of this worksheet to determine if any charitable contributions are converted If you are amending your return to claim a tax attribute such as If you have filed a federal extension of time to file the extended If you have questions need additional information or require other If You Need Help If You Need Help 4 implementing a new tax revenue management system The system improvements See Form Changes and Avoid Common in a unitary trade or business when the activities are in the In accordance with an Attorney General s Opinion of October In addition to the instructions above please note the following in Alaska Reference to or reproduction of the federal Form 851 is in Revenue Online; myAlaska is not used A first time taxpayer in tax liability and attach to return in the current year The Alaska excess capital loss is the taxpayer s in the measure of income reported on lines 1 through 2e Reverse in the production of oil or gas from a lease or property in the in the state check the appropriate box at the top of Schedule I In in zero being reported on line 8 (in the case of a transportation include functional integration centralized management and includes ordinary gains and losses including extension is subject to a failure to file penalty of 5% of the including Section 460 Until modified by the legislation the Alaska including those in Enterprise Zones and Gulf Opportunity Zones Income 13 income and by company name income differences between the federal consolidated group and income on line 6f Income Tax Education Credit contributions and differences in income tax return includes any alteration to the return of any Income Tax Tax Notices on our website at: www tax alaska income The worldwide combined reporting method is required for income Use Schedule I 1 to report the apportionment factors of income Use Schedule I 2 to report the apportionment factors of incurred to produce non business income You must attach incurred to produce non business income You must attach a indicate amended return If you are amending a return for 2012 individual to whom correspondence regarding this return should be information Information The checkbox can now be found on Form initiation of an elimination or adjustment for inter group transactions instructions instructions applicable to partnerships above instructions Attaching complete schedules will ensure a valid instructions below to report Alaska unused capital losses ) instructions for Estimated Tax Payments below and Payment of Instructions For Form 6100 (Formerly Form 650) and instructions for Schedule L on page 12 ) Instructions Specific to Form 6150 instructions specific to Form 6150: Insurance Companies Insurance Companies 7 intended to address every legal situation The taxpayer is advised intercompany profit eliminations between corporations within and interest at 3 75% from 1/1/14 and the interest balance at 12/31/13 interest Effective 1/1/14 the Alaska interest rates decreased from interest For delinquent balances outstanding at 1/1/14 interest interest in a producing property or a regulated pipeline in the state interest rates were used in the calculation of look back interest interest rules for long term contracts Alaska adopts the IRC IRC under AS 43 20 021(a) In addition use this line to report other IRS for the same taxable year If the Alaska return is based on a is accounted for in the consolidated federal return Refer to Alaska is business income if the acquisition management and disposition is joining in filing an Alaska consolidated return as a protective is late up to a maximum of 25% of the unpaid tax is limited to Alaska taxable income in accordance with IRC Section is pending do not take into account changes reported on the is predominantly a petroleum business as defined in Alaska is resolved We will treat the amended return as an information is the act of conducting business activity within the state and may Is there a Net Operating Loss carryforward available to reduce taxable income in the current year? It does not apply to the firm items; namely capital gain net income charitable contributions JUNEAU AK 99811 0420 Juneau: 907 465 2320 Late Filing of Return Late Filing of Return 8 Late Payment of Tax Late Payment of Tax 8 later date See federal Treas Reg 301 6402 3(a) and (d) legal purchasing advertising or financing; or legislation also expands the tax types against which the credit may Legislative Changes Effective for 2013 limitations according to their character Corporations that conduct limited liability company Limited Liability Company (LLC) Limited Liability Company (LLC) 5 Line 1 Alaska taxpayer information: This schedule must be Line 1 Alternative Minimum Tax (AMT): In column A report the line 1 of Schedule H If the taxpayer is not affiliated with another line 1 These would include intercompany dividends Section 78 Line 1: Enter in column A the current Section 1231 gains and Line 1: Enter the federal taxable income or (loss) of the Other Line 1: Enter the taxpayer s current charitable contributions before Line 1: Taxpayers should refer to Alaska Regulation 15 AAC line 10 against the gain from line 16 and enter the result on line 18 Line 10: Enter non business income or loss allocated to Alaska line 11 Line 11 Alaska credit for prior year minimum tax: The Alaska Line 11: Enter the amount of long term capital gains and losses line 16 against the gain from line 10 and enter the result on line 17 Line 17 Overpayment credited to estimated tax: This is a Line 17: If line 10 is a gain and line 16 is a loss offset the loss from Line 18: If line 16 is a gain and line 10 is a loss offset the loss from Line 2 Alaska net operating loss (NOL) deduction: If there is Line 2 Net capital gain: Enter amount from Schedule J line 18 Line 2: Enter contributions that were used to generate an Income Line 2: The taxpayer s non recaptured net Section 1231 losses Line 20: Add lines 17 18 and 19 and enter the result on Schedule line 28 for all domestic corporations included in the combined Line 28 will not be applicable in certain situations If the taxpayer is Line 2a: Enter the FTI reported on the federal tax return(s) of all Line 2b: Enter the income of unitary foreign corporations of the Line 2c: Enter income reported by tax haven corporations Also Line 2d: Remove the income or loss of companies included in line Line 2e: Remove the income or loss of companies included in line Line 2f: Enter the adjustment for intercompany transactions that line 3 Line 4 Personal Holding Company (PHC) tax: Report the PHC Line 4 Tax on ordinary income: Use the correct Tax Rate Table Line 4c: Enter depreciation based on IRC Section 167 as it read Line 4e: Enter the dividends between members of the worldwide Line 4g: Enter amount of capital gain income from federal Form Line 4i: Enter any non business income or loss claimed and attach Line 5 Other taxes: Report on line 5 any other federal taxes or Line 5: Enter the amount from federal Schedule D the sum of Line 6: Enter the taxpayer s Alaska excess contribution carryover Line 6b: Enter the dividends paid by members of the combined Line 6f: Enter any non business income or loss claimed and attach Line 6g: Enter amount of capital gain income from federal Form Line 7 Other Alaska incentive credits: Enter amount from Line 8: Enter non business income or loss allocated to Alaska and Line 8: Enter the Alaska taxable income for deduction limitation Line 9: Enter on line 9 the Alaska excess capital loss to be utilized Line 9a: Enter the taxpayer s Alaska capital and Section 1231 Line 9b: Enter the taxpayer s Alaska charitable contribution line 9c Line 9c: Enter the taxpayer s Alaska dividends received deduction lines 1 5 attributable to the combined group Do not use line 7 lines 1 through 2e may or may not include adjustments to or the Lines 2a 2d: Enter the amounts of dividends already deducted Lines 8 and 9: Enter the allocated and apportioned dividends list of corporations on Schedule B must agree to the corporations listed on lines 1 5 or 9 must match the list of taxpayers listed on loss and federal dividends received deduction ( FTI ) Generally loss apportioned to other states loss carryback may be partially or fully allowable loss excess capital loss or excess charitable contribution from loss Schedule A lines 1 17 should not be completed unless a Losses Losses 11 losses on lines 1 5 and 11 and enter non business capital gain losses which must be reported on Schedule J line 1 lowered to zero and applies to taxable income up to $25 000 For made by EFT or wire transfer see Alaska Regulation 15 AAC made to arrive at consolidated taxable income Mail check with return or payment voucher to: Mail the return with attachments to: Make checks payable to the State of Alaska Note that if the total marginal tax rate remains at 9 4% but the taxable income point at match the list of taxpayers listed on Schedule B plus the taxpayer matters with an outside party unless we have a Power of Attorney may apply for quick refund if the overpayment is: may determine that a particular corporation doing business in may elect to file a consolidated return if they qualify to join in a measure then that corporation must be properly listed on Schedule member of the Alaska combined group The corporation must be member of the Alaska consolidated group on Schedule B except member of the Alaska consolidated group on Schedule B except the member of the combined group of the taxpayer members join in a consolidated federal return must be accounted members of the federal consolidated group unless all of those method of reporting An intercompany transaction of a federal Method the applicable box on Form 6220 must be checked See minimum tax previously paid to Alaska since the 1987 tax year misstatement of income results a pro rata conversion may be Mistakes for further information Three important points to note: mobile property; Modified apportionment factors are applied to Petroleum Business modified apportionment formula Schedule I now requires by more information on these special situations more information on this issue consult the notice issued November more owned corporations which are eligible for a DRD multiple discs or thumb drives are used they must be sequentially multiplied by 18% and apportioned if applicable Attach a Multiply line 1 by 18% Multiply line 10 by 70% Multiply line 3 by 10% Multiply line 5 by 80% Multiply line 6 by 10% must match the list of corporations on Schedule B line 1 name and EIN for subsequent tax periods until the taxpayer leaves name and EIN of one taxpayer included in the consolidated filing name enter the name as it appeared in the prior return If the name on this return is different from the name reported on the named on page 1 of the tax return Net Income Tax Return net of prior year Alaska AMT credit previously applied For further net operating loss deduction may differ from the federal net net operating loss determined under the IRC subject to modification net operating loss See Appendix A net operating loss; a partial election is not allowed The net passive income taxes Attach a statement showing the New checkboxes: New Form new numbers are shown in the table below See further information New this year is a separate oil and gas income tax return for Nexus creating activities may include but are not limited to: Nexus sometimes referred to as doing business within the state NOL carryforward available (exclude carryback) Enter as a positive number NOL to be utilized in the current year in the space provided on line NOLs being carried forward from previous years Non business income is all income other than business income non business income on line 4i normal functions that a truly independent business would not acceptable If Schedule B is not properly completed the return not enter the taxpayer s federal capital loss carryover from federal not less than 0 notation in the area below the Estimated Payments section Total Note that Alaska law does not adopt IRC Sections 1400 1400U Note that the income of the foreign corporation must be reported Note that the list of taxpayers listed on Schedules I 1 or I 2 must Note: Alaska Regulation15 AAC 20 421(b)(2) requires that general Note: If the federal return exceeds 50 pages a corporation may Note: The taxpayer s obligation to report and pay additional tax Number numbered The federal tax return information should start with o Amended return o Amended return to make a protective claim o Amended return to report Internal Revenue Service (IRS) o Checkbox for Estimated tax payments based on o Checkbox for Public Law 86 272 now applies only to the o Checkbox to indicate a new address has been moved on o Personal Holding Company of a penalty for failure to file If the date that the adjustment is of federal Form 8866 or 8697 as applicable of line 4 or 5 Enter here and on Schedule A of new online tax return filing capabilities This extension does not of oil or gas production or pipeline activity but also conduct a Of The of the corporation Petroleum Business is defined in Alaska of the dividends paid deduction of the group are inextricably related Tests of unitary determination of the Petroleum Business and the Other Business segments of the property constitute integral parts of the taxpayer s regular of the taxpayer If this is a consolidated Alaska return enter the of this schedule should be carried forward to Schedule F line 3b Oil and Gas Corporation on federal Form 5471 Please refer to Alaska Regulation 15 AAC on future events and may not be determinable until after the on June 30 1981 or financial statement depreciation See 15 AAC on line 1 Otherwise check the boxes indicating which activities on line 13 the total of lines 4 8 and 12 Divide line 13 by 3 and on line 14 on line 2 Use Form 6385 to identify the loss years on line 9 Form 6385 Tax Attribute Carryovers must be completed on line 9 Use Form 6385 to identify the loss years Note that On page 1 report the name and EIN of the corporation that holds an on page 1 under Return Information on page 5 on page 7 ) A consolidated business is a group of corporations in on Schedule A line 1 and you are electing to waive the on Schedule B line 1 See Public Law (P L ) 86 272 on Schedule E (line 4) on Schedule I except those corporations claiming exemption under Once the relevant matter is resolved the claim is perfected by filing one half months of the tax year end and file the return within Online at www tax alaska gov These systems may also be used Online or you may use Form 6240 only general supervision from the executive offices operated substantially independently of each other and with operating loss as a result of state adjustments to federal taxable operating loss This may require an iterative process to calculate operations operations of a gas storage facility under AS 43 20 046(h) operations of a liquefied natural gas storage facility under operations or coordination operations which are defined as follows: or accounted for on Schedule G that are included in Schedule L or activity that is unusual or infrequent is not non business income or after 8/26/13 use Tax Table B below or an earlier tax year you must file a complete return and write or associated forms should be read to conflict with Alaska statutes or extend any payment due date or Form 6150 Schedule E line 6 as appropriate or loss on lines 6 and 12 as appropriate Enter the portion of non or modified or regulations or similar wholesale or retail outlets; financing insurance and or the status of any related refund or payment(s) and original return or as last amended or adjusted by the DOR Other Business and enter the total on Schedule F line 3c Other Business segment check the box in column C Other Recent Legislative Changes otherwise be considered as engaged in more than one trade or OTIS and Revenue Online accommodate Automated Clearing OTIS the taxpayer must be registered online in myAlaska As outside of the water s edge group to the extent they are included overhead and administrative expenses be assigned to the other P L 86 272 P L 86 272 If this is a consolidated return and another page 1 to the Mailing Address line of the address section page 12 page 6 if the federal return exceeds 50 pages pages 1 through 5 of the federal tax return filed with the IRS The paid from line 10 of Form 6385 Tax Attribute Paid Preparer Authorization Paid Preparer Authorization 5 part of the same unitary group particular state Partnership Partnership 5 partnership for federal tax purposes Partnership Information Return along with supporting schedules Payment Center (OTIS) to a new web based portal named Payment Due Date Payment Due Date 5 payment exceeds $100 000 the payment is required to be paid by Payment of estimated tax is required as provided under IRC Payment of Tax Payment of Tax 7 payment penalties and/or interest If a bank account has a debit Payment Voucher payment with a return is $150 000 or greater payment must be payments must equal Schedule A line 10 penalties are waived but tax and interest must be fully paid For penalty for failure to file An alteration to the taxpayer s federal perform for itself such as accounting personnel insurance Periods personal property used to explore develop or produce oil or gas petrochemicals whether or not acquired from or transferred Petroleum and Other Business Income petroleum and other business income must separately calculate PETROLEUM BUSINESS petroleum business Form 6150 This form is for use by those Petroleum business income is apportioned using modified factors Petroleum Business income is reported on Schedule G as petroleum use Form 6150 pipeline in the state Taxpayers that are not engaged in these PO BOX 110420 portion of a period the payment is late up to a maximum of 25% of portions of the federal return specified in the instructions on prepare the return with the following steps: previously filed under the name and EIN of a common parent not prior return then complete question 4 of Schedule B prior tax years In addition this form is required if you are claiming prior to 8/26/13 use Tax Table A For any tax period that began on prior years and may not correspond to the taxpayer s federal non product or feedstock derived from oil or gas including properly completed Schedule B property in the state or which owns an interest in a regulated protection under P L 86 272 check the box in column B next to protective Alaska filing Also you must check the appropriate box Protective Claim Protective Claim 8 Provide the name email address and telephone number of an provide the required federal return(s) will result in the Alaska provided on line 9 provided on Schedule J line 9 providing detail by company are required as explained in the provisions Public Law (P L ) 86 272 Public Law (P L ) 86 272 7 purposes of determining eligibility to file a consolidated Alaska purposes Use worksheet in Appendix A to calculate the limitation Quick Refund Quick Refund 6 rate tables are on page 3 of these instructions Real Estate Investment Trusts (REIT s) 7 Real Estate Investment Trusts (REITs) reason must be satisfactorily explained to avoid assessment of a recapture rules to the extent that the investment originally recaptured net Section 1231 losses received if the REIT income is included in the combined report net refer to both systems refine the copper ores and fabricate the refined copper into refundable credits This includes the Income Tax Education Credit regard to whether there is a physical presence in the state regardless of the fact that the various steps in the process are Regulation 15 AAC 20 300(m) Regulation 15 AAC 20 421(c) As noted above those taxpayers Regulation 15 AAC 20 421(d) as oil and gas operations and Regulation 15 AAC 20 490(1) for more information related regulations and to consult a legal advisor related service activities; and sales of assets used in oil and gas Replicating the federal Form 851 information does not constitute a reporting Alaska factors on Schedule I except those corporations Reporting Not Predominantly Petroleum requirement by filing Form 6100 (pages 1 and 2) with the S residing in beginning and ending inventory Reverse end of year result here and on Schedule F line 3c result here and on Schedule G line 9c resulting from adjustments to federal income tax liability is not return return return return all eligible taxpayers must be included in the consolidated return being deemed incomplete and penalties may apply Return Due Date Return Due Date 5 return filed to claim a capital loss carryback enter the amount of return If any two taxpayers join in filing a consolidated Alaska return If you are amending your return to claim a carryover of Return Information Return Information 9 return is amended or adjusted by the IRS return must be filed as a complete return If you are amending Return preferably in red across the top of the amended return return should enter the FTI of the federal consolidated return on return then any other corporation in the consolidated return then other corporations in the consolidated Alaska return This must be an officer or employee who is authorized return You must file a complete return to amend Be sure to returns including changes to Schedule C and to report returns only the DOR has extended the filing due date from April sales as applicable) The corporations listed on Schedule I sales payroll for Other Business) The list of corporations on same general line of business For example corporations SB 21 passed in 2013 granted a corporate income tax credit SB 83 also changed the interest rates applicable to delinquent SB 83 changed the way in which Alaska applies the look back Schedule A Net Income Tax Summary Schedule A Net Income Tax Summary 9 Schedule B Alaska Taxpayer Information Schedule B Alaska Taxpayer Information 13 Schedule B is not fulfilled by attaching federal Form 851 data Schedule B line 1 Schedule B listing all members of the Alaska consolidated Schedule B must agree to the corporations reporting Alaska factors Schedule B plus the taxpayer named on page 1 of the tax return Schedule B Schedule B must be completed if the return is a Schedule B Taxpayer Information 10 schedule by category of income Enter on line 4b expenses Schedule C Tax Payment Record Schedule C Tax Payment Record 10 Schedule D Schedule D Alaska Tax Computation Schedule D Alaska Tax Computation 10 Schedule E Other Taxes Schedule E Other Taxes 10 Schedule F calculates the taxable income consolidating the results Schedule F Petroleum and Other Unitary Business Schedule F Petroleum and Other Unitary Business Taxable Schedule G Computation of Alaska Income Schedule G Computation of Alaska Income 11 Schedule H as follows: Schedule I 1 Petroleum Business Schedule I 1 Petroleum Business 14 Schedule I 2 Other Business Schedule I 2 Other Business 14 Schedule I Apportionment Factor Schedule I Apportionment Factor 11 Schedule I Complete lines 1 13 Divide the amount on line 13 by Schedule I must be completed by taxpayers with business activity Schedule I with checkboxes to indicate the applicable Schedule J Alaska Capital and Section 1231 Gains and Schedule J is used to calculate separately apportioned capital and Schedule J is used to calculate the taxpayer s Alaska net capital gain Schedule K Alaska Charitable Contribution Deduction Schedule K Alaska Charitable Contribution Deduction 12 Schedule K is used to calculate separately apportioned charitable Schedule L Alaska Dividends Received Deduction Schedule L Alaska Dividends Received Deduction (DRD) 12 Schedule L calculates the Alaska dividends received deduction schedule of all non business income claimed by type of income schedules and forms calculating the federal tax and the Alaska tax Schedules G and H Schedules G and H Petroleum and Other Business season Seasonal Installment Method or the Annualized Income Installment Section 246 for Alaska purposes See Appendix B Section 6655 A corporation failing to pay the proper estimated segment Only after each segment s apportioned income credits separate instructions for Form 6220 separate voucher for each year should contact the Tax Division at 907 465 2320 or visit www tax should report the gains and losses of the entire combined group showing federal changes by company signed copy of Form 990 T An exempt organization does not file solely because of the unusual or infrequent nature of the income some federal based credits or deductions for Alaska purposes Special capital loss carryback notes: If this is an amended SPECIFIC INSTRUCTIONS Standard apportionment factors are applied to Other Business state are contributory and complementary in nature such that profits state or which owns an interest in a regulated pipeline in states by the use of an apportionment formula statute of limitations expires A protective refund claim is made by statutes Such taxes include but are not limited to: strong centralized management are: Sub Chapter S Corporation (S Corporation) Sub Chapter S Corporation (S Corporation) 5 subject to federal minimum taxable income requirements or if the submit the following portions of the required federal return in lieu of submitting an amended return checking the box for a protective Subtract line 10 from line 9 If less than zero enter 0 Subtract line 13 from line 11 This is the portion of the unallowed charitable contributions that is carried over as charitable Subtract line 4 from line 3 but not less than zero Subtract line 7 from line 12 Subtract line 8 from line 7 Subtract line 9 from line 6 but not less than zero Subtract Schedule L line 8a column C from Schedule L line 9 taken against Production Tax Property Tax Mining Tax Fisheries tax alaska gov tax and the corporate level tax on built in gains These taxes tax attributes such as a net operating loss unused capital losses Tax by Corporations If the corporation is relying on the Adjusted tax calculation and apportionment if applicable TAX DIVISION Tax Education Credit that are included in line 1 Line 2 should not tax of 12 6% apportioned if appropriate This tax is assessed in Tax on page 7 Tax payments can be made by Electronic Funds Transfer (EFT) TAX RATE TABLE A TAX RATE TABLE B Tax Rate Tables Tax Rate Tables 3 tax return A PTP does not file Form 6900 unless it files as a Tax Table B below for more information about tax rates and tax tax This is accomplished by excluding that company s numerator tax under the IRC If you file federal Form 990 T with the IRS tax when due will be subject to an underpayment penalty for tax year you must file a complete return and write Amended Taxable Income Taxable income before charitable contribution capital loss carryback after NOL carryforward Subtract line 5 from line 3 but Taxable income before charitable contribution capital loss carryback and net operating loss Add lines 1 2 Taxable income for deduction limitation taxable income of $25 000 to $49 000 the tax rate is 2% The top taxable income or loss and calculate any applicable tax Attach a taxable income shown on federal Form 1120 F unless the Form taxable income The schedules must show the separate taxable incomes for each member of the federal consolidated taxes and additions to tax liability required under other Alaska tax taxes Effective 1/1/14 the Alaska interest rates decrease from taxes If a taxpayer is a member of a consolidated business then taxpayer as filed with the Internal Revenue Service (IRS) If taxpayer engaged in the production of oil or gas from a lease or Taxpayer Identification Taxpayer Identification 13 Taxpayer Identification 9 taxpayer identification Unless the corporation changed its taxpayer is deducting contributions to a Merchant Marine capital taxpayer listed on page 1 If this is a consolidated Alaska taxpayer s annual accounting period taxpayer s original Alaska Corporation Net Income Tax return taxpayer shown on page 1 If the corporation is claiming protection taxpayer use its name and EIN on page 1 Otherwise select the taxpayer with the largest Alaska presence Continue to use that taxpayers in a timelier manner and to account for information that taxpayers must file a consolidated Alaska return if they are taxpayers reporting business income under Alaska Regulation 15 Taxpayers should consult the regulations at Alaska Regulation 15 taxpayers The taxpayer must voluntarily come forward have never than line 6 stop here that are not reflected in the income reported on lines 1 or 2a 2e or that are within the regular course of the taxpayer s trade or business that case complete lines 1 4 and lines 9 12 (Skip lines 5 8 ) that case complete lines 1 8 Skip lines 9 12 Then go to line that corporation s name on line 1 If the corporation is part of the that explore for and mine copper ores concentrate smelt and that operate a chain of retail grocery stores are almost always that were eliminated in the federal consolidated return (Also see the accounting period used in the return should be that of the the activities of the taxpayer s worldwide unitary business For the Alaska consolidated group or the common parent becomes the Alaska credit for prior year minimum tax on Schedule A line 11 The Alaska Department of Revenue Tax Division (DOR) is currently The Alaska dividends received deduction is based on the allocated The Alaska return must be filed within 30 days of the date on which the Alaska return Taxpayers included in a consolidated federal the Alaska return will often be different than the name on the the allowable capital loss carryback In this situation you would The application of an Alaska net operating loss is governed by The basic reporting approach under 15 AAC 20 421 is to the basis for the claim as well as the contingency affecting the the combined affiliates should be determined on the basis of the The corporation applies for the refund by completing Form 6230 The corporation filing the Alaska return must provide a complete The corporation is not authorizing the paid preparer to receive the corporation s federal income tax return is required to be filed The credit may be carried forward for five years See the Notice The deduction is limited by taxable income under IRC Section the dividends received deduction income tax credits and other The DOR no longer accepts amended returns on Forms 611X or the DOR to call the paid preparer to answer any questions that the entire federal return: the federal income tax return was electronically filed you must the foreign corporation or its Earnings and Profits as reported the Form 1065 See separate instructions for Form 6900 The income of a foreign corporation is the taxable income before The income of all affiliates included in a combined report must be the instructions are accurate and helpful The instructions are not the IRS the IRS check the appropriate additional box You must the IRS extends a due date because of events such as a natural The legislation also set a sunset date of 7/1/23 for some of the the members of the combined group must be attached The most common adjustment is for intercompany profits The NAICS code is required for every Alaska taxpayer the name and EIN of the taxpayer with the largest Alaska presence The new system requires certain form changes and process the next succeeding year only if the amended return is filed before the Other Business segment The partnership return is due 30 days after the federal due date of the payment due date for the succeeding tax year This is also the period of underpayment If estimated tax was underpaid the Petroleum Business See instructions for Schedule I on page the preparer whose signature appears at the bottom of the return the presence of any of these factors creates a presumption that the The return must be signed by an authorized officer of the The rules for determination of the predominant business activity the schedules prepared for the computation of consolidated the signature area of the return This authorization applies only to the sixth decimal place If both the numerator and denominator (for the state check the appropriate box at the top of Schedule I In the State of Alaska Treasury Division by 2:00 p m the business the state Taxpayers that are not engaged in either of these the taxable income for purposes of limitation of the charitable The taxable incomes of all taxpayers are then consolidated to the taxpayer is required to determine its taxable income using the The taxpayer s Alaska charitable contribution deduction may differ the taxpayer s net capital gain on line 2 column A of Schedule D the taxpayer shown on page 1 If the corporation is claiming the top of Schedule I Then complete lines 1 12 This will result the unitary group that are Alaska taxpayers must apportion the the unpaid tax If during any period or portion of a period both the the water s edge combined group and the amount of income or their returns electronically Watch our website at www tax alaska Then go to line 13 Enter on line 13 the total of lines 4 and 12 there is a Power of Attorney See Paid Preparer Authorization there is strong centralized management Some indications of These instructions are presented to assist the taxpayer in preparing they were not reversed in the measure of income reported on lines thirty days may or may not correspond to the 15th day of the This includes sales of non petroleum goods at gasoline stations This should agree to the federal return required to be attached to this will be line 28 of the federal income tax return of the taxpayer those taxpayers whose unitary business is not predominantly a three factors apply Check both of the relevant boxes at the top of Thus the due date is not necessarily the 15th day of the month time to pay to 30 days after the federal extended due date This is also true if to a penalty for failure to file to account for payments made and refunds received based on the to allow corporations to take advantage of new online tax return To Allow Factor Relief For Certain AS 43 20 072 Taxpayers The to answer any such questions Generally the DOR cannot to calculate the limitation under IRC (Internal Revenue Code) to compute the tax on line 4 Use Tax Table A if this tax year begins to consult Alaska Statutes Title 43 Chapters 05 19 and 20 and To ensure timely return processing you must properly complete To facilitate the processing of the return be sure to do the following: to net operating loss to pay penalty of 5% of the unpaid tax for each 30 day period or to print a payment voucher for a payment to be made by wire or to Schedule G line 9c to these instructions and complete Schedule B question 4 trade or business Income meeting either the functional or the transactional test is business income Income from transactions transportation and marketing of oil and gas or any commodity transportation of oil or gas via regulated pipeline in the state must transports oil or gas by regulated pipeline in the state then all true if the original return did not report an overpayment but the Two or more Alaska taxpayers included in the same federal under Alaska law as if the corporation were a domestic corporation Under AS 43 20 021 Alaska adopts the IRC Sections 1 1399 and under Avoid Common Mistakes and refer to Specific Instructions under P L 86 272 check the box next to that corporation s name under P L 86 272 then that corporation will report no numerator Under the legislation federal interest rates are used The law Underpayment of Estimated Tax by unitary business Unitary business income is segregated between Petroleum UNITARY BUSINESS NOT PREDOMINANTLY A unitary business that is not predominantly a petroleum business Unitary Group or Unitary Business Unitary Group or Unitary Business 7 unitary trade or business when engaged in different steps in unpaid tax for each 30 day period or portion of a period the return up to a maximum of $10 000 000 per tax year The law is effective Use Form 6321 to calculate the increase in tax liability and Use Tax Table B if this tax year begins on or after 8/26/13 The tax use the amount from line 15 as it includes Section 1231 gains and Use the worksheet below to calculate the amount of Alaska AMT use this line to report the foreign sales corporation s profit including using items 1 4 above utilized in the current year on Schedule J line 9 This must be values for property payroll or sales The corporation will still be a values from the numerators of the combined group Voluntary Disclosure Program Voluntary Disclosure Program 9 voucher on OTIS or Revenue Online and email to cashmgmt@ voucher Payment vouchers can be found on OTIS or Revenue waiver is not effective The election is made for the entire wants to make a late election or to revoke an election as water s edge group Include any foreign corporation with 20% or water s edge group This may include the reversal of a consolidating we are required to report to the legislature Looking forward we We are working on providing the capability for We have added instructions and other information for the following: We have renumbered certain forms starting in 2013 The old and we transition to Revenue Online the taxpayer will register directly we will apply the new rule to look back interest reported on all tax were not finalized Therefore references to lines and schedules on WHAT S NEW What s New 1 whatsnew aspx When an estimated tax payment is $100 000 or greater or a When this form was drafted the current year federal tax forms Whenever two or more corporations are engaged in a unitary Where to Send Return Where to Send Return 5 Which Form to Use Which Form to Use 4 which grant tax benefits for activities in certain geographic zones which includes federal unused capital loss carryover (See line 9 which more than 50% common ownership of the group is owned which this rate applies was raised from $90 000 to $222 000 See Who Must File Who Must File 4 Who Must Sign Who Must Sign 5 whose factors related to the petroleum business are less than whose unitary business is not predominantly petroleum will use will allow us to process refunds more quickly communicate with will be calculated at 3 75% of the balance of tax due The payoff will be delayed for us to contact you See Specific Instructions will be rejected by the bank Rejected payments may result in late wire transfer or check with the paid preparer who signed it check the applicable box in Within Form 6100 you will note some key changes: Worksheet for Charitable Contribution Deduction Worksheet for Dividends Received Deduction (DRD) worldwide combined method of reporting (See Combined Report year on Schedule A line 2 This must be identified as either years that begin in 2013 you can make the election to carry the additional overpayment to Your Tax is