Oklahoma Tax Return Form 200 – Fill Out and Use This PDF

FRX		0600202			L.	000
		FRX0002-05-1999-BT				Form 200 Revised 6-2006
OKLAHOMA ANNUAL FRANCHISE TAX RETURN
	A. TAXPAYER FEIN			B. REPORTING PERIOD					C. DUE DATE
			MM/DD/YYYY - MM/DD/YYYY

STATE OF INCORP

M M D D

--Office Use Only--	F.C.	P.T.	D. OKLA E.OTHER F.CHANGE G.ESTIMATED
			RETURN

Character Formation Guide

1 2 3 4 5 6 7 8 9 0 X

Y Y

H. TAXPAYER FEIN

I. TAX YEAR

_____________________________________________

Name

_____________________________________________

Address

_____________________________________________

City

State

ZIP

1.Total Net Assets in Oklahoma

(Balance Sheet: Line 15, Column B) ...........................................................

2.Total Net Assets(Balance Sheet: Line 15 Column A)

If all assets are in Oklahoma, enter “0” .......................................................

3.Total Current Liabilities (Balance Sheet: Line 23)

If line 2 is zero, complete line 4. If line 2 is not zero, complete lines 5-11

4.Capital Employed in Oklahoma (line 1 minus line 3)

Round to next highest $1000., If line 4 is completed, skip to line 12 .....................

5.Total Gross Business Done by Corporation in Oklahoma

(Balance Sheet: Line 34) ............................................................................

6.Total Value of Assets and Business Done in Oklahoma

(Total of lines 1 and 5) ................................................................................

7.Total Gross Business Done by Corporation

(Balance Sheet: Line 33) ............................................................................

8.Total Value of Assets and Business Done

(Total of lines 2 and 7) ................................................................................

9.Percentage of Oklahoma Assets (See instructions)

Check appropriate Box:

Option1

Option 2

10.Value of Capital Subject to Apportionment

(Line 2 minus line 3) ...................................................................................

11.Capital Apportioned to Oklahoma

(Line 10 multiplied by line 9) Round to the next highest $1000 ..................

J. BALANCE SHEET DATE

M M D D Y Y

		--------------				DOLLARS--------------									CENTS
															0	0
															0	0
															0	0
											0	0	0		0	0
															0	0
															0	0
															0	0
															0	0
											•
															0	0
											0	0	0		0	0

Compute tax at $1.25 per $1,000.00 of capital. (Either line 4 or line 11) If tax is more than $20,000 enter $20,000 on line 12. See instructions. If tax is $10.00 or less, you are exempt from the tax. File on Form 215.

K. IF YOU CHECKED BLOCK F. PLEASE MAKE CHANGES BELOW.

_____________________________________________

Name

_____________________________________________

Address

_____________________________________________

City

State

ZIP

I declare that the information contained in this document and any attachments is true and correct to the best of my knowledge and belief.

Sign Here	Date

12.Tax

13.Registered Agents Fee

($100.00 - See instructions)

14.Interest

15.Penalty

16.Reinstatement Fee

($15.00 - See instructions)

17.Total Due

=

+

+

+

+

=

------------DOLLARS		CENTS

0

0

0 0

FRX

0600102 000

SCHEDULE D

DETAILS OF CURRENT DEBT SHOWN ON BALANCE SHEET

				Original Amount
Original Date of Issuance		Maturity Date		of Instrument

Balance remaining of amounts payable within 3 years of Date of Issuance

BALANCE SHEET AS OF THE LAST

ASSETS

INCOME TAX YEAR

COLUMN A

Total Everywhere as per

Books of Account.

If all Property is in

Oklahoma,

Do Not Use this Column.

ENDED

COLUMN B

Total in Oklahoma

as per Books

of Account.

LIABILITIES AND

STOCKHOLDERS’

EQUITY

COLUMN C

Total Everywhere as per

Books of Account.

1.Cash .......................................

2.Notes and accounts receiveable

3.Inventories .............................

4.Government obligations and other bonds ...........................

5.Other current assets

(please attach schedule) ........

6.Total Current Assests

(add lines 1A-5A and 1B-5B)

7.Mortgage and real estate loans

8.Other investments

(please attach schedule) ........

9.(a) Building .............................

(b)Less accumulated depreciation .......................

10.(a) Fixed depreciable assets .

(b)Less accumulated depreciation ......................

11.(a) Depletable assets ............

(b)Less accumulated depletion ...........................

12.Land .....................................

13.(a) Intangible assets .............

(b)Less accumulated amortization .....................

14.Other assets .........................

15.Net Assets ...........................

(Lines: 1-14)

16.Inter-company receivables:

(a)From parent company ....

(b)From subsidiary company

(c)From affiliated company .

17.Bank holding company stock in subsidiary bank .......

18.TOTAL ASSETS ..................

(Lines: 15-17)

19.Accounts payable ....................

20.Accrued payables ....................

21.Indebtedness payable three years or less after issuance

(see schedule D) .....................

22.Other current liabilities ............

23.Total Current Liabilities ........

(Lines: 19-22)

24.Inter-company payables

(a)To parent company ............

(b)To subsidiary company ......

(c)To affiliated company .........

25.Indebtedness maturing and payable in more than three years from the date of issuance

26.Loans from stockholders not payable within three years ......

27.Other liabilities ........................

28.Capital Stock

(a)Preferred stock ...................

(b)Common Stock ...................

29.Paid-in or capital surplus (attach reconciliation) ...............

30.Retained earnings ...................

31.Other capital accounts ............

32.Total Liabilities and

Stockholders’ Equity ............

(Lines: 23-31)

33.Total gross business done everywhere

(sales and service) ................

(from income tax return)

34.Total gross business done in Oklahoma

(sales and service) ................

(from income tax return)

FIRST STEP...

COMPLETE BALANCE SHEET AND SCHEDULES B, C & D

(Must be returned with annual return)

Line 1 through 3, cash, notes, accounts receivable, and inventories are to be reported at book value.

Line 4 United States, municipal, commercial and other bonds owned by the corporation.

Line 5 Prepaid expenses and deferred charges are to be included as assets at book value.

Line 8 Stock or other evidence of ownership in subsidiary organiza- tions as shown on the corporations books of account.

Lines 9b, 10b, 11b. If accumulated depreciation and depletion appear to be excessive, the excess may be disallowed.

Line 13 Patents, trademarks, copyrights, etc., and franchises are to be included as assets to the extent of their cost. In the case of a definite term franchise, the cost thereof may be amortized over its life. Good will is an asset and should be shown at book value. All intangibles including cash, are to be appor- tioned wholly to Oklahoma unless a commercial or business location for the intangibles has been established elsewhere.

Line 14 Life insurance, where the reporting taxpayer is beneficiary, is to be shown at cash surrender value.

Line 15 Total net amount of lines 6 through 14. Line 18 Total lines 15,16, and 17.

Line 20 Reserves for taxes are allowed to the extent such taxes are unpaid. Deferred credits are included in capital employed unless they can be shown to be actual liabilities.

Line 21 Current liability includes indebtedness payable in three (3) years or less after issuance.

Line 26 Stockholder loans must be repaid within three years of creation to be considered a current liability. Contingent assets or liabilities should not be included unless fully explained and the condition under which they become actual is clearly set forth.

Line 32 Total lines 23 through 31. The amounts as shown by the books of account shall be the measure of value of the assets and liabilities, except when the items on the books of account are in error or lack sufficient detail to truly reflect the amount of capital invested and employed in the business.

SECOND STEP...

COMPLETE THE OKLAHOMA ANNUAL FRANCHISE TAX RETURN

Item D Place an “X” in the box if you are incorporated in the State of Oklahoma.

Item E Place an “X” in the box if you are incorporated in a state other than Oklahoma.

Item F Place an “X” in the box if any of the preprinted information in Items A or B or the name or address is incorrect. Please make corrections in the space provided in Item H, J or K.

If Incorrect		Then
1. Taxpayer FEIN		Write the correct federal employers
		identification number within the
		boxes in Block H.
2. Reporting Period		Place the last two digits of the year
		end which this return covers in the
		boxes in Block I.
3. Corporate Name or Address		Fill in only the corrected information
		in the space provided at the bottom
		of the form (Item K).
Item G	Place an “X” in the box if you have not completed a year end
	balance sheet and are therefore filing an estimated return.
	You must file an estimated return and remit tax due.
Item H	If your FEIN is not preprinted in Item A or is incorrect, please
	enter your FEIN.
Item I	If your reporting period is not printed in Item B or is incorrect,
	enter the tax year for which you are filing a return.
Item J	Enter your balance sheet date of your most recent income tax
	accounting year. (month/date/year)

(Continued from lower left column)

Lines 1 through 11 (except 9) are derived from your balance sheet. Please put the date of the balance sheet in the date boxes provided (Item J).

Line 9 (Percent of Oklahoma Assets)

Select which option you will use to determine the apportion- ment of Oklahoma assets.

Option 1: Percent of Oklahoma assets and business done to total assets and business done. (line 6 divided by line 8). Round to four decimal points.

Option 2: Percent of Oklahoma assets to total net assets (line 1 divided by line 2). Round to four decimal points.

Line 12 (Tax)

Compute tax at $1.25 per $1,000.00 of capital. (Either line 4 or line 11) If tax is more than $20,000 enter $20,000 on line

12.If tax is $10.00 or less, you are exempt from the tax. File on Form 215.

Line 13 (Registered Agent Fee)

If your coproration originated in a state other than Oklahoma, the Oklahoma Secretary of State charges an annual regis- tered agent fee of $100.00 and is collected on the FRX return. Non-profit corporations originating in another state will be billed for the registered agents fee.

Line 14 (Interest)

If this return is postmarked after the due date the tax is subject to 1.25% interest per month from the due date until it is paid. Multiply the amount in Line 12 by .0125 for each month the report is late.

Line 15 (Penalty)

If this return is postmarked after the due date the tax is subject to a penalty of 10%. Multiply the amount in Line 12 by

.10 to determine the penalty. Line 16 (Reinstatement Fee)

If your corporate charter has been suspended, you must meet all outstanding filing and payment obligations in order to be reinstated. A $15.00 reinstatement fee is also required. Only one reinstatement fee is required even if multiple past due returns are being filed.

Line 17 (Total Due)

Total of Lines 12 through 16,

THIRD STEP...

Schedule A Officer Information

Enter the effective date of officers. Please refer to the examples on Schedule A. If any preprinted officer information (Schedule A) is incorrect, please make the necessary changes on Schedule A and mail with your tax return and payment. Be sure to update the corporate officers name, address and social security number. Failure to provide this information could result in the corporation being suspended.

FOURTH STEP...

Mail this return in the enclosed envelope. Please include your return, payment made payable to Oklahoma Tax Commission, balance sheet, and schedules A, B, C, and D.

Please Mail To:

Oklahoma Tax Commission

Franchise Tax

Post Office Box 26930

Oklahoma City, OK 73126-0930

Phone Number for Assistance – (405) 521-3160

Mandatory inclusion of Social Security and/or Federal Employer’s Identification numbers is required on forms filed with the Oklahoma Tax Commission pursuant to Title 68 of the Oklahoma Statutes and regulations thereunder, for identification purposes, and are deemed to be part of the confidential files and records of the Oklahoma Tax Commission.