New York Election or Revocation of Election By Railroad and Trucking Corporations To Be Taxable Under Article 9

Election or Revocation of Election By Railroad and Trucking Corporations To Be Taxable Under Article 9
Form CT-187 Election or Revocation of Election by Railroad and Trucking Corporations To Be Taxable Under Article 9 Revised 12/25
Department of Taxation and Finance

Election or Revocation of Election
By Railroad and Trucking Corporations
To Be Taxable Under Article 9
	 Employer identification number (EIN)	

File number	

			

CT-187

(12/25)

Business telephone number	

(	)	

	 Legal name of corporation	

Trade name/DBA

	 Mailing name (if different from legal name above) 		

State or country of incorporation

	

	 Care of (c/o)
	 Number and street or PO Box			

Date of incorporation

State	
ZIP code	
	 City	
					

Foreign corporations: date began
business in NYS

If you need to update your address or phone information for corporation tax, or other tax
types, you can do so online. See Business information in Form CT-1.

Date received (for Tax Department use only)

Audit (for Tax Department use only)

All citations are to New York State Tax Law articles and sections unless specifically noted otherwise.
	
Election (see instructions)
I certify that I am an authorized person of the corporation named above. On behalf of the corporation, I elect that it be subject to tax
under Article 9, §§ 183 and 184 for 		
and subsequent years. This election will remain in effect until revoked.
Authorized
person

	

Printed name of authorized person	

(year)

Signature of authorized person	

Official title

	 Email address of authorized person	
		

Telephone number	
(	
)

Date

Revocation of election (complete this section to revoke a previously made election)

I certify that I am an authorized person of the corporation named above. On behalf of the corporation, I revoke the election to
be subject to tax under Article 9, §§ 183 and 184 made for the corporation on 		
. I understand that by
making this revocation, the corporation will become subject to tax under Article 9-A, Franchise Tax on Business Corporations.
I also understand that this revocation is permanent.
Authorized
person

Printed name of authorized person	

Signature of authorized person	

	 Email address of authorized person	
		

General information

Telephone number	
(	
)

Date

Instructions

Railroad and trucking corporations include:
•	corporations,
•	 joint-stock companies,
•	 limited liability companies,
•	 publicly traded partnerships treated as corporations under the
Internal Revenue Code, and
•	 associations formed for, or principally engaged in, the conduct of
a railroad, palace car, sleeping car, trucking business, or two or
more of these types of businesses.
Railroad and trucking corporations are subject to tax under
Article 9-A, unless they elect to be taxed under Article 9, §§ 183
and 184. For more information, see Filing requirements for railroad
and trucking corporations in Form CT-183/184-I, Instructions for
Forms CT-183 and CT-184, or see TSB-M-97(8)C, Railroad and
Trucking Corporations Subject to Tax under Article 9, 9-A or 32 of
the Tax Law.

Election

Official title

To be taxed under Article 9, §§ 183 and 184, mark an X in the box
and complete the Election section. To be taxed under Article 9,
§§ 183 and 184, you must file Form CT-187 no later than the due
date (without extensions) of the first return that would be due under

Article 9, § 183 or 184; or Article 9-A. This election will remain in
effect until revoked by the taxpayer.

Revocation of election

To revoke an election, mark an X in the box and complete the
Revocation of election section. You must file Form CT-187 by
April 15 of the first year your corporation is not to be taxed under
Article 9. If April 15 falls on a Saturday, Sunday, or legal holiday, the
revocation is due on the next business day. The revocation will be
effective as of January 1 of that year. If you file a revocation after the
due date, it will take effect the following January 1. This revocation
is permanent; once you revoke an election, you may not later elect
again to be taxed under Article 9, §§ 183 and 184.

Where to mail
NYS TAX DEPARTMENT
CTAR
W A HARRIMAN CAMPUS
ALBANY NY 12227-0852

Private delivery services
See Publication 55, Designated Private Delivery Services.

Need help? and Privacy notification

See Form CT-1, Supplement to Corporation Tax Instructions.