Form 355c-B - Combined Foreign Business Or Manufacturing Corporation Excise Return - 1998 Page 4

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Schedule D. Intangible Property Corporation —

Value of Net Worth Allocated to Massachusetts

1998 355C-B — Page 4

(Complete this schedule only if Schedule B, line 15 is less than 10%)

Note: Enter all values as net book values from Schedule A, column C

31. Total assets (Schedule A, line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 $

32. Total tangible assets (Schedule A, line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 $

33. Total intangible assets. Subtract line 2 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 $

34. Investments in and advances to subsidiaries which are 80% or more owned . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

35. Subtract line 4 from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 $

36. Income apportionment percentage (Schedule F, line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

37. Intangible assets allocable to Massachusetts. Multiply line 5 by line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 $

38. Massachusetts tangible property not subject to local taxation (Schedule B, line 7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

39. Add line 7 and line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 $

10. Net worth ratio. Divide line 9 by line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11. Total assets (line 1 above) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 $

12. Total liabilities (Schedule A, line 26). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

13. Net worth. Subtract line 12 from line 11. Do not enter less than “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

14. Taxable net worth. Multiply line 10 by line 13. (Enter line 14 as line 2 and enter zero as line 1 in the Computation of Excise) . . . . . . . . . . . . 14 $

Schedule E-1. Dividends Deduction

31. Total dividends (U.S. Form 1120, Schedule C, line 19). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 $

22. Dividends from Massachusetts corporate trusts (attach schedule). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 $

23. Dividends from non-wholly-owned DISCs (attach schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

24. Dividends, if less than 15% of voting stock owned:

a On common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4a

b On preferred stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4b

35. Total taxable dividends. Add lines 2 through 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

36. Dividends eligible for deduction. Subtract line 5 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

37. Dividends deduction.* Multiply line 6 by .95. Enter here and in Schedule E, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 $

*Attach schedule showing payers, amounts and % of voting stock owned by class of stock.

Schedule F-1. Business Locations Outside Massachusetts

Complete this schedule only if the corporation has income from business activities which is taxable both in Massachusetts and in any other states.

Answer Yes or No

Indicate Whether Factory,

Location

Sales Office, Warehouse,

Accepts

Registered to Do

Files Returns

(City and State)

Construction Site, etc.

Orders

Business in State

in State

Corporate Disclosure Schedule: Massachusetts requires all corporations to complete the following items.

¨ $

31. Enter the amount for Charitable Contributions (U.S. Form 1120, line 19). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

32. Enter the amount of the deduction for federal research expenses (included in U.S. 1120, line 26) allowed under IRC sec. 174,

¨ $

plus the credit for research allowed by IRC sec. 41 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter in line 3a the amounts of any accelerated depreciation (ACRS, MACRS, or others) allowed as a federal deduction for the taxable year. In line 3b, enter depreciation for

property included in line 3a determined by using generally accepted accounting principles. Subtract line 3b from line 3a and enter the result in line 3c.

Buildings (other than

Pollution

Equipment

Rental Housing

Rental Housing)

Control Facilities

¨ $

3a. Enter any accelerated depreciation taken federally for . . . . . . .

3b. Depreciation calculated according to generally accepted

¨ $

accounting principles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3c. Subtract line 3b from line 3a. Enter result here . . . . . . . . . . . . .