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 filed by insurance companies that are incorporated or organized in another state or country and are subject to retaliatory taxes in New York.

Q: Who needs to file Form CT-33-R?
A: Insurance companies that are incorporated or organized in another state or country and are subject to retaliatory taxes in New York need to file Form CT-33-R.

Q: What are retaliatory taxes?
A: Retaliatory taxes are additional taxes imposed by a state on insurance companies that are incorporated or organized in another state or country, in response to similar taxes imposed on New York companies by that state or country.

Q: What information is required on Form CT-33-R?
A: Form CT-33-R requires information about the insurance company, its tax liabilities in other states or countries, and retaliatory taxes paid or payable in New York.

Q: When is Form CT-33-R due?
A: Form CT-33-R is due on the same date as the insurance company's New York State franchise tax return, which is generally on or before March 15th of each year.

Q: Are there any penalties for late filing of Form CT-33-R?
A: Yes, there are penalties for late filing of Form CT-33-R, including interest charges on the unpaid retaliatory tax liability.