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North Dakota Office of State Tax Commissioner

2000 Schedule RZ

Attach to 2000

Form 35, 37-S, 37, 38, 40,

Renaissance Zone Act exemptions and credits

58, or 60, whichever applies

Name as shown on your tax return

Social security number (or FEIN, if applicable)

Part 1

Business income exemption

See the instructions for Part 1 on page 2 of the booklet

Project Number

1 Project number assigned by the local zone authority (Attach a copy of the project approval letter issued by the

ND Division of Community Services) .....................................................................................................................................

2 City in which renaissance zone is located:

Fargo

West Fargo

Casselton

Jamestown

Valley City

3 Street address of project property

4 Do you have more than one project at the address shown on line 3 above?

Yes

If you checked yes, enter all of the project numb ers here:

5 Type of qualifying transaction: (per project approval letter issued by the ND Division of Community Services)

Purchase

Purchase with major improvement

Lease

Qualified improvement

6 If you checked 5a, 5b, or 5c on line 5 above, enter the date you purchased or leased this qualifying property ..................

7 Exemption start date (per project approval letter issued by the ND Division of Community Services) ...............................

8 North Dakota business income for 2000 tax year (See instructions for amount to enter on this line) ................

Does your zone project include 100% of your North Dakota business real property ? For this

purpose, include real property that you are leasing for use in your business.

If yes, skip lines 9a through 9g and enter 1.000000 on line 9h.

•

If no, see instructions for line 9.

•

Column A

Column B

9 Enter average value at original cost of each of

Total North Dakota

Zone project property

the following real and tangible personal

property

only

property items used in the business

a Inventories ........................................................... 9a

b Building(s) and other fixed assets .................... 9b

c Depletable assets ................................................. 9c

d Land ...................................................................... 9d

e Other assets (Attach statement) ........................ 9e

f Rented property (Annual rental x 8) ............... 9f

g Total property (Add lines 9a through 9f) ........ 9g

h Zone apportionment factor (Divide line 9g, Column B by line 9g, Column A) ................................................. 9h

10 North Dakota business income attributable to renaissance zone project property (Multiply line 8 by

factor on line 9h) ................................................................................................................................................................ 10

Are you eligible for this exemption for all of your 2000 tax year? See instructions.

•

If yes, skip lines 11a and 11b, and enter 1.000000 on 11c.

11 a Number of months you are eligible for the exemption in the 2000 tax year ...................... 11a

b Number of months in your 2000 tax year ................................................................................. 11b

c Exemption period eligibility factor for 2000 tax year (Divide line 11a by line 11b) ........................................ 11c

12 Business income exemption for this project (Multiply line 10 by factor on line 11c) ............................................ 12

13 Business income exemption from a partnership, S corporation, or other pass-through entity (Attach a copy

of the Renaissance Zone Pass-Through Member Notice) ......................................................................................... 13

14 Total business income exemption for 2000 tax year (Add lines 12 and 13)

Enter result here and on page 3, Part 6, line 1 of this Schedule RZ ........................................................................... 14

Attach all 3 pages of Schedule RZ to your return

Schedule Rz - Renaissance Zone Act Exemptions And Credits - North Dakota Office Of State Tax Commissioner - 2000

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