Nys Form Ct 245 – Fill Out and Use This PDF

The NYS CT-245 form, also known as the Maintenance Fee and Activities Return, is a vital document for foreign corporations operating in New York State. It entails declaring a company's maintenance fees and detailing various business activities within the state, ensuring compliance with Article 9, Section 181.2 of the Amended Tax Law. For foreign corporations disclaiming tax liability but maintaining operations in New York, correctly filling out this form is crucial for legal and financial accuracy. Click the button below to learn more about how to properly complete and submit your CT-245 form.

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Nys Form Ct 245 PDF Details

In navigating the complexities of filing corporate taxes in New York State, foreign corporations must acquaint themselves with the New York State Department of Taxation and Finance CT-245 form, a pivotal document that delineates the maintenance fee and activities return final for foreign corporations disclaiming tax liability within the state. This form is an integral component of a foreign corporation's tax obligations, serving as a declaration of their business footprint within New York, including but not limited to their ownership or lease of real property, maintenance of inventory, employment of assets, and execution of services within the state. Each section of the form is meticulously designed to capture a comprehensive overview of the corporation's activities, ranging from the basic identification and tax period information to more detailed inquiries about the nature and extent of their New York operations. The form even nuances areas such as participation in partnerships, the conduct of public relations activities, and the sale or importation of petroleum products, showcasing the tax department’s intent to glean a full spectrum of corporate activity. Moreover, the form guides corporations on accurately computing their maintenance fee, any applicable interest, additional charges, and delineates the process for claiming overpayments, underscoring the financial implications of their state-level business engagements. Beyond mere compliance, the CT-245 form crystallizes the foreign corporation's fiscal and functional presence in New York State, making it a critical tool for both the corporation and the state in maintaining fair and lawful tax practices.

Question	Answer
Form Name	Nys Form Ct 245
Form Length	2 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	30 sec
Other names	ct 245, subtotal regularity subsidiary, form ct 245, form 245 activies form

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New York State Department of Taxation and Finance

CT-245 Maintenance Fee and Activities Return

Final

For a Foreign Corporation

return

Disclaiming Tax Liability All ﬁlers must enter tax period:

Amended

Tax Law— Article 9, Section 181.2

beginning

ending

return

Employer identiication number (EIN)

File number

Business telephone number

If you claim an

(

)

overpayment, mark

an X in the box

Legal name of corporation

Trade name/DBA

Mailing name (if different from legal name above)

State or country of incorporation

Date received (for Tax Department use only)

c/o

Number and street or PO box

Date of incorporation

City

State

ZIP code

Foreign corporations: date began

business in NYS

NAICS business code number (from NYS Pub 910)

If address/phone

Audit use

above is new,

If you need to update your address or phone

Taxable

mark an X in the box

information for corporation tax, or other tax

Not taxable

NYS principal business activity

types, you can do so online. See Business

information in Form CT-1.

Date

Location of commercial domicile

Date authorized to do business in New York State

If not authorized to do business in

New York State, mark an X here ..........

A. Pay amount shown on line 6. Make payable to: New York State Corporation Tax				Payment enclosed
	Attach your payment here. Detach all check stubs. (See instructions for details.)		A
			A
Maintenance fee (See Form CT-245-I, Instructions for Form CT-245, for assistance.)

1	............................................Maintenance fee ($300 for a full year; see instructions for short-period return)		1
2	Total prepayments		2
3	Subtotal (if line 2 is less than or equal to line 1, subtract line 2 from line 1) ....	3
4	Interest (see instructions)	4
5	Additional charges (see instructions)	5
6	Balance due (add lines 3, 4, and 5 and enter here; enter the payment amount on line A above)		6
7	......................................Refund of overpayment (if line 1 is smaller than line 2, subtract line 1 from line 2)		7

Activities (For lines 9 through 23, mark an X in the appropriate box.)

8List all locations of ofices and other places of business in and outside New York State (attach additional sheets if necessary)

Location	Nature of activities	Date began

9Does the corporation own or lease real property in New York State (this includes trucking terminals


	used exclusively in interstate commerce)?	Yes
10	Does the corporation maintain inventory or own or lease property in New York State?	Yes
	If Yes, explain
11	Does the corporation employ any other assets in New York State?	Yes
	If Yes, explain
12	Did the corporation perform services in New York State?	Yes
	If Yes, attach a separate sheet with details.
13	Does the corporation own assets in New York State that are leased to others?	Yes
	If Yes, explain

14Did the corporation perform any construction, erection, installation or repair work, or other

services in New York State?		Yes	No
If Yes, explain		(continued on page 2)

417001140094

Page 2 of 2 CT-245 (2014)

15Did the corporation participate in a partnership, limited liability company/partnership, or joint venture doing

business in New York State?

Yes

16Did the oficers or employees of the corporation do any of the following in New York State?

a.	Perform public relations activities	Yes
b.	Furnish technical advice to retailers or consumers	Yes
c.	Investigate claims	Yes
d.	Collect accounts	Yes
e.	Perform services	Yes
f.	Approve or reject orders	Yes
g. Perform other activities (attach an explanation)		Yes
h. Coordinate or supervise, or both, the activities of a subsidiary that is taxable in New York State		Yes
If you answered Yes to any of the above questions (16a-h), attach a separate sheet with details of the
	activities, including continuity, frequency, and regularity.

17Transportation corporations only: Did the corporation make any pickups or deliveries in New York State

during this calendar year?	Yes
If Yes, attach a sheet indicating the number of pickups and deliveries made and describe the total activities
of the corporation in this state.

18Is the corporation formed for or engaged in the business of extracting, producing, reining, manufacturing, or

compounding petroleum?

Yes

19Does the corporation sell petroleum products (crude oil, plant condensate, gasoline, aviation fuel, kerosene,

	diesel motor fuel, benzol, fuel oil, residual oil, or liqueied or liqueiable gases such as butane, ethane, or propane)? ...	Yes	No
	If Yes, is any of the petroleum shipped to New York State from a location outside New York State?	Yes	No
20	Does the corporation import petroleum products into New York State for its own consumption?	Yes	No
21	Has the corporation been terminated in the state in which it was incorporated?	Yes	No
	If Yes, enter date of termination
22	Was the corporation previously subject to tax in New York State?	Yes	No
	If Yes, enter date the corporation ceased doing business in New York State

23	Is the corporation a qualiied subchapter S subsidiary (QSSS)?	Yes	No
	If Yes, enter name and federal employer identiication number of the parent corporation

24List all employees, including oficers, employed within New York State (attach additional sheets if necessary).

Name	Title	Date began	Duties and responsibilities	Compensation

Third – party

designee

(see instructions)

		Designee’s name (print)	Designee’s phone number
		Designee’s name (print)	Designee’s phone number
Yes	No		(	)

Designee’s e-mail address				PIN
				PIN

Certiﬁcation: I certify that this return and any attachments are to the best of my knowledge and belief true, correct, and complete.

	Printed name of authorized person		Signature of authorized person				Oficial title
Authorized
person	E-mail address of authorized person				Telephone number				Date
					(	)

Paid	Firm’s name (or yours if self-employed)			Firm’s EIN				Preparer’s PTIN or SSN
preparer
preparer	Signature of individual preparing this return	Address				City		State		ZIP code
use	Signature of individual preparing this return	Address				City		State		ZIP code
use
only
only	E-mail address of individual preparing this return					Preparer’s NYTPRIN			Date

(see instr.)

See instructions for where to ile.

417002140094

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This PDF will need specific information to be filled out, therefore be sure to take the time to enter precisely what is requested:

1. When filling out the form ct 245, be certain to incorporate all of the needed blanks in its associated form section. This will help speed up the process, allowing for your details to be processed efficiently and properly.

2. Soon after completing the previous step, go on to the next stage and fill in all required particulars in all these fields - A Pay amount shown on line Make, Location, Nature of activities, Date began, Does the corporation own or lease, used exclusively in interstate, If Yes explain, Does the corporation maintain, If Yes explain, Did the corporation perform, If Yes attach a separate sheet, Does the corporation own assets, and If Yes explain.

245 i taxation conclusion process detailed (part 2)

3. Completing Did the corporation perform any, services in New York State Yes If, and continued on page is essential for the next step, make sure to fill them out in their entirety. Don't miss any details!

Did the corporation perform any, services in New York State Yes If, and continued on page inside 245 i taxation

It's very easy to get it wrong while filling out the Did the corporation perform any, so make sure to look again prior to deciding to submit it.

4. This next section requires some additional information. Ensure you complete all the necessary fields - Did the corporation participate, Did the oficers or employees of, a Perform public relations, Transportation corporations only, during this calendar year Yes If, Is the corporation formed for or, compounding petroleum Yes, Does the corporation sell, diesel motor fuel benzol fuel oil, Does the corporation import, No No No No No No No No, and No No - to proceed further in your process!

The best ways to complete 245 i taxation stage 4

5. This form needs to be finalized by filling out this section. Here you'll find a detailed listing of blank fields that require accurate information in order for your document usage to be accomplished: Has the corporation been, If Yes enter date of termination, Was the corporation previously, If Yes enter date the corporation, Is the corporation a qualiied, If Yes enter name and federal, List all employees including, Date began, Name, Title, Compensation, Third party Yes Designees email, see instructions, designee, and Designees name print.

Find out how to complete 245 i taxation step 5

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Nys Form Ct 245 – Fill Out and Use This PDF

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