This version of the form is not currently in use and is provided for reference only. Download this version of Form DTF-686-ATT for the current year.
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. Check the official instructions before completing and submitting the form.
Q: What is Form DTF-686-ATT?
A: Form DTF-686-ATT is a Reportable Transaction Disclosure Statement and Request for a Determination specific to New York state.
Q: What is the purpose of Form DTF-686-ATT?
A: The purpose of Form DTF-686-ATT is to disclose transactions that are subject to certain reporting requirements in New York and request a determination from the New York State Department of Taxation and Finance.
Q: Who needs to file Form DTF-686-ATT?
A: Any taxpayer who engages in certain reportable transactions in New York is required to file Form DTF-686-ATT.
Q: What are reportable transactions?
A: Reportable transactions are specific types of transactions that are subject to reporting requirements in New York. These transactions are generally complex or potentially abusive in nature.
Q: What information is required on Form DTF-686-ATT?
A: Form DTF-686-ATT requires detailed information about the reportable transaction, including the parties involved, the nature of the transaction, and the potential tax implications.
Q: Is there a deadline for filing Form DTF-686-ATT?
A: Yes, Form DTF-686-ATT must be filed within 30 days after the transaction becomes a reportable transaction.
Q: What happens after I file Form DTF-686-ATT?
A: After filing Form DTF-686-ATT, the New York State Department of Taxation and Finance will review the information provided and make a determination regarding the tax treatment of the transaction.
Q: Are there any penalties for failing to file Form DTF-686-ATT?
A: Yes, failure to file Form DTF-686-ATT can result in penalties imposed by the New York State Department of Taxation and Finance.
Form Details:
Download a fillable version of Form DTF-686-ATT by clicking the link below or browse more documents and templates provided by the New York State Department of Taxation and Finance.