Form Ct-44 - Claim For Investment Tax Credit For The Financial Services Industry - State Of New York Page 2

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CT-44 (2006)
Part 3 — Computation of ITC
(see instructions)
A
B
C
D
E
F
Description of property 
Principal use 
Date 
Life 
Investment 
ITC
acquired 
(years)
credit base 
(column E × appropriate rate;
see Rate schedule 1 below )
  Amount from attached list .......................................................................................................................
7 Total 
7.
(add column F amounts; enter here and on line 18)
...........................................................................
Rate schedule 1 — ITC rates to be used in Schedule A, Part 3
5% (.05) on first $350,000,000 of investment credit base
4% (.04) on excess of $350,000,000 of investment credit base
A New York S corporation must compute its ITC at the rate of 4% (.04). The pro-rata share of the ITC will be allowed to each individual 
shareholder.
45102060094

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