We provide here a written summary of answers provided by the Department of Revenue to the committee at periodic question and answer sessions. These documents are classified as Revenue information issued for informational purposes only for the convenience of PICPA members. Pursuant to 61 Pa. Code Section 3.4, these documents should not be relied upon for any purpose or used in tax appeals. Taxpayers requiring a binding opinion on a specific fact situation may request a written letter ruling under 61 Pa. Code Section 3.3.
Q&A with the Pennsylvania Department of Revenue
How can a LLC or S Corp. that was only subject to CS/FFT for tax years beginning prior to 1/1/16 be removed from the tax rolls in instances where the entity did not complete RCT101, SectionE?
The entity should not file an amended report only to claim the RCT101 is final. The entity should fax a statement to the Bureau of Compliance 717-783-8265 stating the 2015 Corporate Income Tax Report should have been marked a Final Report due to the corporation not being subject to CNI due to [state reason] and no longer subject to Capital Stock/Franchise Tax as of 2016.