Form CT-33-R Claim for Retaliatory Tax Credits - New York

What Is Form CT-33-R?

This is a legal form that was released by the New York State Department of Taxation and Finance - a government authority operating within New York. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form CT-33-R?
A: Form CT-33-R is a claim for retaliatory tax credits in New York.

Q: Who should file Form CT-33-R?
A: Insurers who are subject to retaliatory tax in New York should file Form CT-33-R.

Q: What is retaliatory tax?
A: Retaliatory tax is a tax imposed on domestic insurers by a state in response to a higher tax imposed by another state on foreign insurers.

Q: What types of tax credits can be claimed on Form CT-33-R?
A: Form CT-33-R allows insurers to claim credits for taxes paid to other states that impose higher taxes on New York insurers.

Q: Is Form CT-33-R difficult to complete?
A: Form CT-33-R can be complex and may require detailed information about taxes paid to other states.

Q: When is Form CT-33-R due?
A: Form CT-33-R is due on or before the 15th day of the fourth month following the end of the tax year.

Q: Are there any penalties for late filing of Form CT-33-R?
A: Yes, there may be penalties for late filing of Form CT-33-R, so it is important to submit the form on time.