Get the up-to-date ct 247 2010 form-2024 now

Show details

4 out of 5

29 votes

It must not have stock shares or certificates for stock or for shares. File Form CT-13 Unrelated Business Income Tax Return to report those activities. Organizations required to file federal Form 1120 may be taxable under Article 9-A and may be required to file Form CT-3 General Business Corporation Franchise Tax Return or Form CT-4 General Business Corporation Franchise Tax Return Short Form. When filing Form CT-247 submit all documents granting or denying exemption from tax by the IRS the Pro ...

Here's how it works

01. Edit your form online

Type text, add images, blackout confidential details, add comments, highlights and more.

02. Sign it in a few clicks

Draw your signature, type it, upload its image, or use your mobile device as a signature pad.

03. Share your form with others

Send it via email, link, or fax. You can also download it, export it or print it out.

The best way to modify Ct 247 2010 form online

Ease of Setup

DocHub User Ratings on G2

Ease of Use

DocHub User Ratings on G2

With DocHub, making changes to your paperwork takes only some simple clicks. Follow these quick steps to modify the PDF Ct 247 2010 form online free of charge:

Register and log in to your account. Log in to the editor using your credentials or click Create free account to examine the tool’s features.
Add the Ct 247 2010 form for editing. Click the New Document option above, then drag and drop the sample to the upload area, import it from the cloud, or via a link.
Modify your file. Make any changes needed: insert text and pictures to your Ct 247 2010 form, highlight important details, remove sections of content and replace them with new ones, and insert icons, checkmarks, and areas for filling out.
Finish redacting the form. Save the modified document on your device, export it to the cloud, print it right from the editor, or share it with all the people involved.

Our editor is very easy to use and efficient. Give it a try now!

See more ct 247 2010 form versions

We've got more versions of the ct 247 2010 form form. Select the right ct 247 2010 form version from the list and start editing it straight away!

Versions	Form popularity	Fillable & printable
2020	4.8 Satisfied (146 Votes)
2015	4.3 Satisfied (60 Votes)
2013	4.4 Satisfied (68 Votes)
2012	3.9 Satisfied (37 Votes)
2010	4 Satisfied (29 Votes)
2008	4.3 Satisfied (44 Votes)
2002	4.9 Satisfied (40 Votes)
1991	4.4 Satisfied (32 Votes)

be ready to get more

Complete this form in 5 minutes or less

Get form

Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is an example of a franchise tax?

For example, if a corporation does only 70% of its business in that state, then tax will be calculated on a 70% margin. For a corporation that operates entirely in the state will pay franchise tax on 100% of profits. The margin calculated is then taxed as per applicable tax rates of the state.

What is the difference between IRS and Franchise Tax Board?

While the IRS enforces federal income tax obligations, the California Franchise Tax Board (FTB) enforces state income tax obligations. A taxpayer will face collections actions by the FTB because they have ignored the obligation, refused to pay, or are unable to pay an outstanding tax balance that is due and owing.

What is the purpose of franchise tax?

Despite its name, a "franchise tax" is not a tax on McDonalds or other franchises. Instead, it is a tax that states charge on corporations and other business entities, such as limited liability companies ("LLCs"), for the privilege of incorporating or doing business in their state.

What is a CT 247?

You must file Form CT-247 to apply for exemption. Generally, a corporation or an organization treated as a corporation must meet all of the following requirements to be tax exempt: \u2022 It must be organized and operated as a not-for-profit organization.

What is the difference between income tax and franchise tax?

Unlike state income taxes, franchise taxes are not based on a corporation's profit. A business entity must file and pay the franchise tax regardless of whether it makes a profit in any given year. State income taxes\u2014and how much is paid\u2014on the other hand, are dependent on how much an organization makes during the year.

Related forms

be ready to get more

Complete this form in 5 minutes or less

Get form

Is Texas franchise tax an income tax?

The Texas franchise tax is a privilege tax imposed on each taxable entity formed or organized in Texas or doing business in Texas....Tax Rates, Thresholds and Deduction Limits. ItemAmountCompensation Deduction Limit$360,000EZ Computation Total Revenue Threshold$20 millionEZ Computation Rate0.331%3 more rows

Get the up-to-date ct 247 2010 form-2024 now

Here's how it works