Form Cat Cs "Commercial Activity Tax Credit Schedule" - Ohio

Form CAT CS is a Ohio Department of Taxation form also known as the "Commercial Activity Tax Credit Schedule". The latest edition of the form was released in December 1, 2017 and is available for digital filing.

Download a PDF version of the Form CAT CS down below or find it on Ohio Department of Taxation Forms website.

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CAT CS
Rev. 12/17
P.O. Box 16158
Columbus, OH 43216-6158
Commercial Activity Tax Credit Schedule
CAT account number (of primary reporting entity)
FEIN/SSN
Reporting member’s name
Street address (number and street)
City
State
ZIP code
Period covered (MM/DD/YY)
to (MM/DD/YY)
(Quarter for which this report is being submitted)
For taxpayers subject to the phase-out of the corporation franchise tax and the phase-in of the commercial activity tax (CAT), 2008 was
the last report year for which certain credits were available. For all subsequent years, the credits automatically converted to credits against
the CAT and may be claimed beginning July 1, 2008. As such, for CAT periods beginning on or after July 1, 2008, a taxpayer may apply
any of the following unused corporation franchise tax credits against the CAT, provided the combined number of carryforward years under
the corporation franchise tax and the CAT does not exceed the carryforward period allowed, if applicable. Please see O.A.C. 5703-29-22
contained in information release CAT 2007-03 for more detailed information regarding the CAT credits.
Credit
Refundable or
Ohio Revised Code
Carryforward
First Period Credit Can
Nonrefundable
Section
Period
Be Used Against the CAT
Jobs Retention Tax
Nonrefundable
5751.50(B) & 122.171
Three years
Period beginning
Credit
July 1, 2008
Credit for Qualified
Nonrefundable
5751.51
Seven years
Period beginning
Research Expenses
July 1, 2008
Credit for R&D
Nonrefundable
5751.52
Unlimited
Period beginning
Loan Payments
July 1, 2008
Credit for Unused
Nonrefundable
5751.53
Twenty years
2010
NOLs
Ohio Historic
Nonrefundable/
Uncodified Section
Five years
2014
Preservation Tax
Refundable**
757.70 of Am. Sub. H.B.
Credit*
49 of the 132nd G.A.
Ohio Motion Picture
Refundable
5751.54
N/A
Period beginning
Tax Credit
Jan. 1, 2013
Jobs Creation Tax
Refundable
5751.50(A) & 122.17
N/A
Period beginning
Credit
July 1, 2008
Jobs Retention Tax
Refundable
5751.50(B) & 122.171
N/A
Period beginning
Credit
Jan. 1, 2011
Credit for Unused
Refundable
5751.53
N/A
2030
NOLs
*Credit can be claimed against CAT provided that the taxpayer is unable to claim the credit under Ohio Revised Code sections 5725.151, 5725.34, 5726.52,
5729.17, 5733.47 or 5747.76.
**In the event that the nonrefundable credit is not fully utilized, the excess shall be refunded to the taxpayer. However, if any amount of the credit is refunded,
the sum of the amount refunded and the amount applied to reduce the tax otherwise due for that year shall not exceed $3 million. The taxpayer may then carry
forward any excess balance for not more than five calendar years.
CAT CS
Rev. 12/17
P.O. Box 16158
Columbus, OH 43216-6158
Commercial Activity Tax Credit Schedule
CAT account number (of primary reporting entity)
FEIN/SSN
Reporting member’s name
Street address (number and street)
City
State
ZIP code
Period covered (MM/DD/YY)
to (MM/DD/YY)
(Quarter for which this report is being submitted)
For taxpayers subject to the phase-out of the corporation franchise tax and the phase-in of the commercial activity tax (CAT), 2008 was
the last report year for which certain credits were available. For all subsequent years, the credits automatically converted to credits against
the CAT and may be claimed beginning July 1, 2008. As such, for CAT periods beginning on or after July 1, 2008, a taxpayer may apply
any of the following unused corporation franchise tax credits against the CAT, provided the combined number of carryforward years under
the corporation franchise tax and the CAT does not exceed the carryforward period allowed, if applicable. Please see O.A.C. 5703-29-22
contained in information release CAT 2007-03 for more detailed information regarding the CAT credits.
Credit
Refundable or
Ohio Revised Code
Carryforward
First Period Credit Can
Nonrefundable
Section
Period
Be Used Against the CAT
Jobs Retention Tax
Nonrefundable
5751.50(B) & 122.171
Three years
Period beginning
Credit
July 1, 2008
Credit for Qualified
Nonrefundable
5751.51
Seven years
Period beginning
Research Expenses
July 1, 2008
Credit for R&D
Nonrefundable
5751.52
Unlimited
Period beginning
Loan Payments
July 1, 2008
Credit for Unused
Nonrefundable
5751.53
Twenty years
2010
NOLs
Ohio Historic
Nonrefundable/
Uncodified Section
Five years
2014
Preservation Tax
Refundable**
757.70 of Am. Sub. H.B.
Credit*
49 of the 132nd G.A.
Ohio Motion Picture
Refundable
5751.54
N/A
Period beginning
Tax Credit
Jan. 1, 2013
Jobs Creation Tax
Refundable
5751.50(A) & 122.17
N/A
Period beginning
Credit
July 1, 2008
Jobs Retention Tax
Refundable
5751.50(B) & 122.171
N/A
Period beginning
Credit
Jan. 1, 2011
Credit for Unused
Refundable
5751.53
N/A
2030
NOLs
*Credit can be claimed against CAT provided that the taxpayer is unable to claim the credit under Ohio Revised Code sections 5725.151, 5725.34, 5726.52,
5729.17, 5733.47 or 5747.76.
**In the event that the nonrefundable credit is not fully utilized, the excess shall be refunded to the taxpayer. However, if any amount of the credit is refunded,
the sum of the amount refunded and the amount applied to reduce the tax otherwise due for that year shall not exceed $3 million. The taxpayer may then carry
forward any excess balance for not more than five calendar years.
Credit Schedule
(If credits are being claimed by members of a consolidated elected or combined taxpayer group, a separate schedule is required for
each entity that is claiming a credit.)
The CAT account number of the entity entitled to the credit may be different than that of the primary reporting entity.
Entity entitled to credit: Name
FEIN
CAT account number
Nonrefundable Credits
+
Must include credit certificate received from the Ohio Development Services Agency.
B
C
D
A
Credits Earned
Credits Claimed
Opening Unused
Closing Unused
During Current
During Current
Credit Balance
Credit Balance
Reporting Period
Reporting Period
+
1. Jobs retention tax credit
2. Qualified research expense tax
credit
3. Research and development loan
+
repayment tax credit
4. Ohio historic preservation tax
+
credit
*
5. Total
*Combine with credits being claimed by other entities in the group (if any) and carry this forward to the nonrefundable credits line on your
CAT return.
Refundable Credits
Must include credit certificate received from the Ohio Development Services Agency
Ohio historic preservation tax credit .............................................................................................................................1.
Ohio motion picture tax credit .......................................................................................................................................2.
Jobs creation tax credit.................................................................................................................................................3.
Jobs retention tax credit ...............................................................................................................................................4.
Total of lines 1 through 4 to be carried forward to the refundable tax credits line of the CAT return ............................5.
Declaration and Signature
(an officer or managing agent of the corporation must sign this declaration)
I declare under penalties of perjury that this report (including any
use any of its money or property for or in aid of or opposition to
accompanying schedule or statement) has been examined by
a political party, a candidate for election or nomination to public
me and to the best of my knowledge and belief is a true, correct
office, or a political action committee, legislation campaign fund,
and complete return and report, and that this corporation has not,
or organization that supports or opposes any such candidate or
during the preceding year, except as permitted by Ohio Revised
in any manner used any of its money for any partisan political
Code sections 3517.082, 3599.03 and 3599.031, directly or
purpose whatsoever, or for reimbursement or indemnification of
indirectly paid, used or offered, consented, or agreed to pay or
any person for money or property so used.
Date (MM/DD/YY)
Signature of officer or managing agent
Title
Contact phone number
E-mail
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