This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Schedule 500AP for the current year.
This document contains official instructions for Schedule 500AP , Modified Apportionment Schedule for Vedp-Certified Companies - a form released and collected by the Virginia Department of Taxation.
Q: What is Schedule 500AP?
A: Schedule 500AP is a Modified Apportionment Schedule for Vedp-Certified Companies in Virginia.
Q: What is the purpose of Schedule 500AP?
A: The purpose of Schedule 500AP is to determine the apportionment of income for Vedp-Certified Companies in Virginia.
Q: Who is Schedule 500AP applicable to?
A: Schedule 500AP is applicable to Vedp-Certified Companies in Virginia.
Q: What is a Vedp-Certified Company?
A: A Vedp-Certified Company is a company that has been certified by the Virginia Economic Development Partnership (VEDP).
Q: What is apportionment of income?
A: Apportionment of income is the process of determining how much of a company's income is subject to taxation in a particular jurisdiction.
Q: How is apportionment of income calculated?
A: Apportionment of income is calculated using a formula that takes into account factors such as sales, property, and payroll in different jurisdictions.
Instruction Details:
Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Virginia Department of Taxation.