This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for Form CT-33-C for the current year.
This document contains official instructions for Form CT-33-C , Captive Insurance Company Franchise Tax Return - a form released and collected by the New York State Department of Taxation and Finance. An up-to-date fillable Form CT-33-C is available for download through this link.
Q: What is Form CT-33-C?
A: Form CT-33-C is the Captive Insurance Company Franchise Tax Return for New York.
Q: Who needs to file Form CT-33-C?
A: Captive insurance companies operating in New York need to file Form CT-33-C.
Q: What is the purpose of Form CT-33-C?
A: Form CT-33-C is used to report and calculate the franchise tax liability for captive insurance companies in New York.
Q: When is the deadline to file Form CT-33-C?
A: The deadline to file Form CT-33-C is on or before the 15th day of the third month after the end of the fiscal year.
Q: Are there any penalties for late filing of Form CT-33-C?
A: Yes, there are penalties for late filing of Form CT-33-C. It is important to file the return by the deadline to avoid any penalties.
Q: Can Form CT-33-C be e-filed?
A: No, Form CT-33-C cannot be e-filed. It must be filed by mail with the New York State Department of Taxation and Finance.
Q: Is there any extension available for filing Form CT-33-C?
A: Yes, there is an extension available for filing Form CT-33-C. You can request an extension by filing Form CT-5.
Q: What supporting documents are required to be attached with Form CT-33-C?
A: Form CT-33-C requires various schedules and supporting documentation, such as the annual report, premium and loss information, and other relevant financial information.
Q: What is the tax rate for captive insurance companies in New York?
A: The tax rate for captive insurance companies in New York is 0.4% of the entire net income.
Instruction Details:
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