61 Pa. Code § 151.13

Current through Register Vol. 54, No. 25, June 22, 2024

Section 151.13 - Resumption of reporting

(a) A corporation which has terminated its reporting requirement under § 151.11 (relating to termination) and then commences sufficient activities in this Commonwealth to subject the corporation to reporting shall submit a composite report and a Skeleton Affidavit (Form RCT-227 or RCT-228) for the period of inactivity. The report and affidavit shall be submitted with the report for the first tax period in which the taxable activities are resumed.

Example: A corporation which reports on a calendar year basis terminates its reporting requirement on August 15, 1972. On November 10, 1978, the taxpayer resumes activities in this Commonwealth which subject the corporation to Corporate Net Income and Capital Stock Tax reporting. The corporation shall submit a composite report and Skeleton Affidavit for the period from August 15, 1972 to December 31, 1977. This composite report and Skeleton Affidavit may be submitted together with the corporation's reports for the 1978 tax year due on or before April 15, 1979.

(b) A composite report is one report which is filed for a period of more than 1 tax year.

61 Pa. Code § 151.13

The provisions of this § 151.13 adopted November 11, 1977, effective 11/12/1977, 7 Pa.B. 3317.

This section cited in 19 Pa. Code § 17.2 (relating to appropriation of the name of a senior corporation).