Form A-5088-TC "Application for Tax Clearance Certificate" - New Jersey

What Is Form A-5088-TC?

This is a legal form that was released by the New Jersey Department of the Treasury - a government authority operating within New Jersey. As of today, no separate filing guidelines for the form are provided by the issuing department.

Form Details:

  • Released on April 1, 2011;
  • The latest edition provided by the New Jersey Department of the Treasury;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form A-5088-TC by clicking the link below or browse more documents and templates provided by the New Jersey Department of the Treasury.

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Download Form A-5088-TC "Application for Tax Clearance Certificate" - New Jersey

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A-5088-TC
State of New Jersey
4-11, R-11
Department of the Treasury
DIVISION OF TAXATION
PO Box 269
TRENTON, NJ 08695-0269
APPLICATION FOR TAX CLEARANCE CERTIFICATE
(See Important Note below for application fee)
To the Director of the Division of Taxation, Department of the Treasury, State of New Jersey:
Application is hereby made by ___________________________________________________________________________________________________
(Name and address of corporation)
for a Tax Clearance Certificate under Title 54 of the Revised Statutes.
Correspondence and eventual issuance of Tax Clearance Certificate should be addressed to:
____________________________________________________________________________________________________________________________
(if third party, authorization letter must be included)
(Phone Number)
NJ Corporation Number __________________ FID Number __________________ State & date of incorporation or authorization ___________________
NOTE: All questions must be answered.
1. The purpose for which Certificate is to be used is (state whether for dissolution, merger, withdrawal, or reauthorization) and the
intended effective date of noted action ______________________________________________________________________________________
2. The accounting year employed by the corporation for Federal Income Tax purposes is ________________________________________________
____________________________________ (See special instruction on reverse side.)
3. Is this entity a part of an affiliated group?
Yes or
No
a. If “Yes”, is the total payroll for the whole group over $5,000,000?
Yes or
No
4. Have any of the assets of the corporation been sold or transferred during the current or prior taxable accounting period?
Yes or
No
a. If “Yes”, enter date sold ________________________________________________________
b. Sales price or fair market value of assets $ ________________________________________
c. Profit on sale or transfer of assets $______________________________________________
d. Sales price of real estate included in the above $ ___________________________________
e. Profit on sale or transfer of such real estate $_______________________________________
f. Name of purchaser or transferee of real estate and other assets ______________________________________________________________
5. Have any of the assets of the corporation been distributed in dissolution or liquidation during the current or prior taxable accounting periods?
Yes or
No If “Yes”, give names, dates and other particulars. _____________________________________________________________
____________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________
6. Has the corporation or its stockholders entered into any negotiations or contract for the sale of any of the remaining assets?
Yes or
No
If “Yes”, state the full consideration to be received $__________________________________________________________
7. Have any dividends been declared or payments made in liquidation of capital stock?
Yes or
No
If “Yes”, give amounts, dates and other particulars ____________________________________________________________________________
____________________________________________________________________________________________________________________
8. If all the assets have not been disposed of, advise:
a. What disposition will be made of remaining assets? ________________________________________________________________________
b. Fair market value of assets remaining to be liquidated $_____________________________________________________________________
9. Who will continue the business formerly conducted by this corporation?___________________________________________________________
10. Give names and addresses of the present officers and directors of the company _______________________________
____________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________
Enclosed is remittance in the sum of $25.00 made payable to the State of New Jersey. (See Important Note Below).
I declare and affirm, under the penalties provided by law, that this application (including any accompanying statements) has been examined by me
and the statements contained therein are true to the best of my information, knowledge and belief.
Date_______________________ Signature of Officer __________________________________________________________________
President, Vice President, Secretary or Treasurer (Strike out Titles not applicable)
IMPORTANT NOTE: Corporations wishing to dissolve/withdraw may file dissolution documents online by visiting www.nj.gov/njbgs.
http://www:state.nj.us/treasury/taxation
A-5088-TC
State of New Jersey
4-11, R-11
Department of the Treasury
DIVISION OF TAXATION
PO Box 269
TRENTON, NJ 08695-0269
APPLICATION FOR TAX CLEARANCE CERTIFICATE
(See Important Note below for application fee)
To the Director of the Division of Taxation, Department of the Treasury, State of New Jersey:
Application is hereby made by ___________________________________________________________________________________________________
(Name and address of corporation)
for a Tax Clearance Certificate under Title 54 of the Revised Statutes.
Correspondence and eventual issuance of Tax Clearance Certificate should be addressed to:
____________________________________________________________________________________________________________________________
(if third party, authorization letter must be included)
(Phone Number)
NJ Corporation Number __________________ FID Number __________________ State & date of incorporation or authorization ___________________
NOTE: All questions must be answered.
1. The purpose for which Certificate is to be used is (state whether for dissolution, merger, withdrawal, or reauthorization) and the
intended effective date of noted action ______________________________________________________________________________________
2. The accounting year employed by the corporation for Federal Income Tax purposes is ________________________________________________
____________________________________ (See special instruction on reverse side.)
3. Is this entity a part of an affiliated group?
Yes or
No
a. If “Yes”, is the total payroll for the whole group over $5,000,000?
Yes or
No
4. Have any of the assets of the corporation been sold or transferred during the current or prior taxable accounting period?
Yes or
No
a. If “Yes”, enter date sold ________________________________________________________
b. Sales price or fair market value of assets $ ________________________________________
c. Profit on sale or transfer of assets $______________________________________________
d. Sales price of real estate included in the above $ ___________________________________
e. Profit on sale or transfer of such real estate $_______________________________________
f. Name of purchaser or transferee of real estate and other assets ______________________________________________________________
5. Have any of the assets of the corporation been distributed in dissolution or liquidation during the current or prior taxable accounting periods?
Yes or
No If “Yes”, give names, dates and other particulars. _____________________________________________________________
____________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________
6. Has the corporation or its stockholders entered into any negotiations or contract for the sale of any of the remaining assets?
Yes or
No
If “Yes”, state the full consideration to be received $__________________________________________________________
7. Have any dividends been declared or payments made in liquidation of capital stock?
Yes or
No
If “Yes”, give amounts, dates and other particulars ____________________________________________________________________________
____________________________________________________________________________________________________________________
8. If all the assets have not been disposed of, advise:
a. What disposition will be made of remaining assets? ________________________________________________________________________
b. Fair market value of assets remaining to be liquidated $_____________________________________________________________________
9. Who will continue the business formerly conducted by this corporation?___________________________________________________________
10. Give names and addresses of the present officers and directors of the company _______________________________
____________________________________________________________________________________________________________________
____________________________________________________________________________________________________________________
Enclosed is remittance in the sum of $25.00 made payable to the State of New Jersey. (See Important Note Below).
I declare and affirm, under the penalties provided by law, that this application (including any accompanying statements) has been examined by me
and the statements contained therein are true to the best of my information, knowledge and belief.
Date_______________________ Signature of Officer __________________________________________________________________
President, Vice President, Secretary or Treasurer (Strike out Titles not applicable)
IMPORTANT NOTE: Corporations wishing to dissolve/withdraw may file dissolution documents online by visiting www.nj.gov/njbgs.
http://www:state.nj.us/treasury/taxation
NOTES
A. If all state taxes, fees, penalties and interest have been paid or secured, a Certificate of the Director evidencing such payment will be forwarded to
the Division of Revenue or the party designated on the front of the application.
B. If all such state taxes, fees, penalties and interest have not been paid, advice thereof will be given to the applicant.
C. The Tax Clearance Certificate shall be void 45 days after date of issuance, except that where a certificate is issued during the last month of taxpayer’s
accounting period, such certificate shall be void after the last day of such accounting period. If said certificate is not filed with the Division of Revenue
within the period specified therein, applicant must reapply and submit a new application and $25.00 fee in order to accomplish the purpose for which
the original application was filed.
D. Instructions for filing tax returns can be found on the form “Procedure for Dissolution, Withdrawal or Surrender”. (A-5033-TC).
INSTRUCTIONS
1. Application for Tax Clearance Certificate must be typewritten or printed.
2. Great care should be taken to have the corporate name spelled correctly, as even a slight misspelling will generally make it difficult to identify the
corporation for which the application is made. Be sure to include the State and date of incorporation, or date of authorization.
3. Complete answers to all questions applicable to the corporation must be given. Attach rider where necessary.
SPECIAL INSTRUCTIONS
WHERE TAXPAYER DESIRES TO COMPLETE ITS PROCEEDINGS FOR DISSOLUTION, MERGER, ETC. NO LATER THAN THE END OF A
FISCAL YEAR IN PROGRESS, APPLICATION SHOULD BE SUBMITTED AT LEAST NINETY (90) DAYS PRIOR TO THE CLOSE OF SUCH FISCAL YEAR
TO ALLOW SUFFICIENT TIME FOR PROCESSING AND FOR THE SUBMISSION OF ANY REQUIRED ADDITIONAL DATA OR PAYMENTS.
FOR DIVISION USE ONLY
Estimated Summary
Check $___________________________
________ Return
Check $___________________________
Affidavit Per Instruction 3 of
Estimated Summary
Assumption of Liability
Prior Year Affidavit
Other
________________________________
________________________________
________________________________
________________________________
Assumption of tax liability
Final required
Prior year activity affidavit
No final required
Merged corporation
Survivor of merger
Remarks
Searched by _____________________________
CERTIFICATE NUMBER _____________________________
Examiner _____________________________
Approved _____________________________
Void Date _____________________________
Issued _____________________________
A-5088-TC (4-11, R-11)
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