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This version of the form is not currently in use and is provided for reference only. Download this version of
Form NYC-2.5A/BC
for the current year.
Form NYC-2.5A / BC Computation of Receipts Factor - New York City
What Is Form NYC-2.5A/BC?
This is a legal form that was released by the New York City Department of Finance - a government authority operating within New York City. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is NYC-2.5A/BC?
A: NYC-2.5A/BC is a computation of the Receipts Factor specific to New York City.
Q: What is the Receipts Factor?
A: The Receipts Factor is a calculation used to determine the portion of a corporation's business income that is subject to taxation in a particular jurisdiction.
Q: How does NYC-2.5A/BC calculate the Receipts Factor?
A: NYC-2.5A/BC uses a specific formula to calculate the percentage of a corporation's gross receipts attributable to the City of New York.
Q: Why is the Receipts Factor important?
A: The Receipts Factor is important because it helps determine the amount of tax a corporation owes to the City of New York.
Q: Who needs to file NYC-2.5A/BC?
A: Corporations that have business activities in the City of New York and meet certain criteria are required to file NYC-2.5A/BC.
Q: What information is needed to complete NYC-2.5A/BC?
A: To complete NYC-2.5A/BC, you will need to provide information about your corporation's gross receipts, including those from New York City, as well as other relevant financial data.
Q: When is the deadline for filing NYC-2.5A/BC?
A: The deadline for filing NYC-2.5A/BC is typically on or before the fifteenth day of the fourth month following the close of the corporation's tax year.
Form Details:
- Released on January 1, 2021;
- The latest edition provided by the New York City Department of Finance;
- Easy to use and ready to print;
- Quick to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of Form NYC-2.5A/BC by clicking the link below or browse more documents and templates provided by the New York City Department of Finance.
Download Form NYC-2.5A / BC Computation of Receipts Factor - New York City
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