Multiple Activities Tax Credit Form
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1Multiple Activities Tax Credit Form
Part I - External Credits
Taxable
Gross Receipts Taxes Paid
Activity resulting
Amount
Tacoma
Other City
Credit
in a tax credit
Col 1
Col 2
Col 3
Col 4
Other City's
A Selling in Tacoma products
Page 1, Col 4, Line
Col 1 x Mfg or
mfg tax rate x
Lesser of Col
extracted, manufactured, or
1
Whsl tax rate
Col 1
2 or 3
printed outside Tacoma
Other City's
B Extracting products in another
Col 1 x Mfg tax
mfg tax rate X
Lesser of Col
jurisdiction which were
rate
Col. 1
2 or 3
manufactured in Tacoma
Col 4 Line A
+ Line B
C Total External Credits
Part II - Internal Credits
Tax Rates:
0.0011
0.00102
0.00153
Column 1
Column 2
Column 3
Column 4
Column 5
Taxable
Manufac-turing/
Wholesaling
Retailing
Credit
Activity
Amount
Extracting
Page 1, Col
Col 1 x Mfg tax
Col 1 x Whsl tax
Lesser of Col
4, Line 3
rate
rate
2 or 3
$ Amount
D) Wholesaling
Page 1, Col
Col 1 x Mfg tax
Col 1 x Retail
Lesser of Col
4, Line 2
rate
tax rate
2 or 4
$ Amount
E) Retailing
Col 5, Line D + E
F) Total Internal Credits
Line C, Col 4 +
Line F, Col 5
G) Total External and Internal Credits
The lesser of
Line G, Col 5 or
Page 1, Col 6,
Credit Allowable
Line 1
Instructions:
Use Part I if:
A You have sold products in Tacoma that were extracted, manufactured, or printed in another jurisdiction AND
you paid eligible gross receipts taxes;
B You have extracted products in another jurisdiction which were manufactured, partially manufactured, or printed in Tacoma.
Use Part II if:
You have sold products in Tacoma which were also manufactured, extracted or printed in Tacoma.
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Parent category: Financial