Instructions For Completing The Florida Communications Services Tax Return (Form Dr-700016)

DR-700016N

R. 01/07

Page 24

Schedule V

Column K - Interest. See “Interest on late payments” on Page

19 for information on calculating the interest due.

Multistate Credits

Gross Receipts Calculation

Who may complete this schedule?

Column L - Change in reported taxable sales. Enter the net

Upon proof that you have paid a communications services

change in taxable sales. The net change in taxable sales may

tax legally imposed on a provider by another state or local

include a reduction for eligible bad debts. Report negative

jurisdiction, you may take a credit against the Florida

amounts in parentheses (amount).

communications services tax imposed on the provider for the

same services not to exceed your Florida tax liability in the

Column M - Rate. Enter the appropriate gross receipts rate.

relevant local jurisdiction for the current filing period. Any credit

Column N - Collection allowance adjustment. Collection

amount exceeding the current month’s tax liability must be

allowance adjustments are required for all transactions that

claimed on a subsequent return. All providers, except direct-

result in a decrease in taxable sales. If the original filing was

to-home satellite service providers, must complete Columns

not eligible for a collection allowance or if this schedule is

A through F. Direct-to-home satellite service providers must

being used to report only an increase in taxable sales for a

complete only Column G.

prior applied period, this section does not apply Enter 0 (zero)

Note: Proof of communications services tax legally imposed

in Column N.

on the provider by another state must be submitted at the time

If Column F (change in reported taxable sales), is a decrease

the credit is claimed. Copies of supporting documents should

(negative number), the collection allowance must be recouped

be included with your return or can be faxed to 850-414-5733.

by one of the following methods. The result should be entered

Failure to submit proof will result in the denial of the credit

as a positive number in Column N.

claimed.

• If you are using the DOR database, a database certified by

Column A - Local jurisdiction. Enter the county(ies) or

DOR, or a ZIP+4 database in compliance with s. 202.22,

municipality(ies) for which multistate credits apply.

F.S., multiply .0075 by the tax collected and/or accrued for

Columns B and C - Applied period. Enter the month, day, and

sales being decreased in Column F.

year for the beginning and ending dates of the original filing

• If you are not using the DOR database, a database

period for which the credit applies in the row corresponding

certified by DOR, or a ZIP+4 database in compliance with

to the appropriate local jurisdiction(s). Separate entries are

s. 202.22, F.S., multiply .0025 by the tax collected and/or

required for each applied period.

accrued for sales being decreased in Column F.

Column O - Adjustment amount. Subtract Column N from

Local Tax Credits

the tax accrued on the transactions reported in Column

L and enter the result here. Report negative amounts in

Column D - Multistate credits. Enter the amount of the eligible

parentheses (amount).

multistate credit in each jurisdiction. Report negative amounts

in parentheses (amount).

Column P - Penalty. See “Penalty for late payments” on Page

19 for information on calculating the penalty due.

State Tax Credits

Column Q - Interest. See “Interest on late payments” on Page

Column E - Multistate credits. Enter the amount of the eligible

19 for information on calculating the interest due.

multistate credits in each county. Report negative amounts in

Column R - Net tax adjustments. Add the totals of Columns E,

parentheses (amount).

I, and O and enter the result here. Report negative amounts

Gross Receipts Credits

in parentheses (amount).

Column F - Multistate credits. Enter the amount of the eligible

Column S - Penalty. Add the totals of Columns J and P and

multistate credit. Report negative amounts in parentheses

enter the result here.

(amount).

Column T - Interest. Add the totals of Columns K and Q and

Direct-to-Home Satellite

enter the result here.

Column G - Multistate credits. Enter the amount of the eligible

Column U - Total adjustments. Add Columns R, S, and T and

multistate credit. Report negative amounts in parentheses

enter the result in Column U and on Page 1, Line 10 of the

(amount).

return. Report negative amounts in parentheses (amount).

Column H - Total credits. Add the totals of Columns D through

G and enter the result here and on Page 1, Line 11 of the

return.

Instructions For Completing The Florida Communications Services Tax Return (Form Dr-700016) - 2007 Page 7

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