Instructions for Form NYC-2A/BC

1 form NYC-2A/BC is an individual report thatmust be filed by each member of the NewYork City combined group except for the tax-payer that is the designated agent of the com-bined group (the corporation responsible forfiling form NYC-2A, Combined BusinessCorporation Tax Return).The form also includes a detail schedule of themember s business and investment capital andbusiness allocation line NYC-2A/BC must be filed annually andmust be attached to the designated agent sForm member of the combined group that issubject to tax under Subchapter 3-A of Chap-ter 6 of Title 11 of the City of New York isjointly and severally liable for the tax due pur-suant to the combined periodUse this form for calendar year 2016, fiscalyears that begin in 2016 and end in 2017, andtax years of less than 12 months that begin onor after January 1, 2016.

2 But before January1, you have a tax year of less than 12 monthsthat begins and ends in 2017 and the 2017 re-turn is not yet available at the time you are re-quired to file the return, you must file anextension request to file the short period re-turn and wait for the 2017 return to becomeavailable on the Department of Finance s website. All filers must complete the beginning andending tax year boxes in the upper right cor-ner on page 1 of the your final returnMark an Xin the Final returnbox on FormNYC-2A/BC if the group member is a corpo-ration that is no longer subject to tax in NewYork not mark an Xin the Final returnbox ifyou are only changing the type of return thatyou file (for example, from form NYC-2A toNYC-2 or NYC-3A).

3 Do not mark an Xin the Final returnbox inthe case of a merger or INSTRUCTIONSS chedule A Group member s general informationLine 3 A nontaxpayer member of the com-bined group is not required to pay the fixeddollar minimum tax. However, it is requiredto report all other items included in all othercomputations of form NYC-2A, including re-ceipts for allocation 4 Federal separate taxable incomemeans for this purpose, the amount you com-puted (or if your federal consolidated groupis not the same as its New York City com-bined group, the amount you wouldhavecomputed if the federal consolidated groupwas comprised of the same members as theNew York City combined group) as follows.

4 Report the amount computed in accordancewith the provisions of the IRC that govern thecomputation of taxable income for separatereturn purposes, but subject toTreasury Reg-ulations section Member s Minimum fixed dollar minimum tax is determinedfor each member corporation by the corpora-tion s New York City receipts. To avoid an er-roneous assessment or a delay in your refund,you must enter the member s NYC Receiptson line 1 in this section. If you do not haveNew York City receipts, enter 0 in the box online 1. If you are a nontaxpayer member of thecombined group, enter 0 on line 1.

5 Failure tomake an entry on this line may result in an as-sessment of tax, or reduction of your refundor the applicable fixed dollar minimum taxon line 2 of this form . To determine the fixeddollar minimum tax, use the table - FIXED DOLLARMINIMUM TAXFor a corporation with New York City receipts of:Not more than $100, $ 25 More than $100,000but not over $250, $ 75 More than $250,000but not over $500, $ 175 More than $500,000but not over $1,000, $ 500 More than $1,000,000but not over $5,000, $1,500 More than $5,000,000but not over $25,000, $3,500 More than $25,000,000but not over $50,000, $5,000 More than $50,000,000but not over $100,000, $10,000 More than $100,000,000but not over $250,000, $20,000 More than $250,000,000but not over $500,000, $50,000 More than $500,000,000but not over $1,000,000, $100,000 Over $1,000,000, $200.

6 000 Short Periods - Fixed Dollar Minimum TaxCompute the New York City receipts for shortperiods (tax periods of less than 12 months)by dividing the amount of New York City re-ceipts by the number of months in the shortperiod and multiplying the result by 12. Thefixed dollar minimum tax may be reduced forshort periods:Period ReductionNot more than 6 than 6 monthsbut not more than 9 than 9 ScheduleComplete this schedule only if the corpora-tion filing this form made separate paymentsor has separate the member s prepayments to be in-cluded in form NYC-2A. If you need morespace, write see attached in this section, andattach a separate sheet showing all relevantprepayment F Include Business Corporation Tax,General Corporation Tax and Bank Tax pay-ments credited from prior years on Line B -Group Member s Business Income BaseLine Items See the Instructions to the corresponding linesfor Schedule B of the lines 2 through 14 and 16 through 20,enter the amounts for this particular membercorporation of the combined group.

7 All otherlines on Schedule B of the NYC-2A are omit-Member s Detail Report Filed by a Corporation Filing Requirements2016 Instructions for form NYC-2A/BCDepartment of FinanceTMted from the NYC-2A/BC because individualmember specific information is not requiredfor these lines of form NYC-2A. Schedule C -Group Member s Capital Base Line ItemsThe tax on the combined capital base is com-puted on that portion of the combined capitalallocated to New York is defined as all assets, other than in-vestment capital and stock issued by the tax-payer, less liabilities not deducted frominvestment capital.

8 Capital includes onlythose assets the income, loss, or expense ofwhich are properly reflected (or would havebeen properly reflected if not fully depreci-ated or expensed, or depreciated or expensedto a nominal amount) in the computation ofENI for the tax year. On this Schedule C, enterthe amounts for this particular member cor-poration of the combined partners filing using the aggregatemethod must include their proportionate partof the partnership s assets and liabilities intheir 1 THROUGH 5 - AVERAGEVALUE OF TOTAL ASSETSTo determine the value of your assets for busi-ness and investment capital purposes.

9 Youmust include real property and marketable se-curities at fair market value of all other property must be in-cluded at the value shown on the taxpayer'sbooks and records in accordance with gener-ally accepted accounting principles (GAAP).Attach a schedule showing the computationof the average value is generally computed on aquarterly basis. A more frequent basis(monthly, weekly or daily) may be the taxpayer s usual accounting prac-tice does not permit computation of averagevalue on a quarterly or more frequent basis, asemiannual or annual basis may be used if nodistortion of average value respect to real property owned by the tax-payer and located within New York City, thefair market value is presumed to be not lessthan the estimated market value of the prop-erty on the Final Assessment Roll of the Cityfor the period covered by the return or themost recent sales price, whichever is line 2.

10 Enter the value of real property andmarketable securities included in line 1. Enteron line 4 the fair market value of real prop-erty and marketable 6 Enter the amount of all liabilities attributableto assets entered on line 1, both long and shortterm. Use the same method of averaging usedto determine average value of assets. Lines 7 through 14, are not included on FormNYC-2A/BC because individual member spe-cific information is not required for these linesof form D -Group Member s Investment Capital forthe Current YearFor Schedule D, the line numbers and text onForm NYC-2A/BC correspond to the linenumbers of form NYC-2A.