Massachusetts Application for Section 42 Method of Apportionment
Extracted from PDF file 2021-massachusetts-form-aa-1.pdf, last modified April 2019
Application for Section 42 Method of ApportionmentForm AA-1 Application for Section 42 Method of Apportionment For calendar year or taxable year beginning Rev. 5/17 Massachusetts Department of Revenue ending Registration Business code number (from U.S. return) Federal Identification number Name of corporation Present address of principal office Present location of principal office in Massachusetts Pursuant to MGL ch 63, § 42 and 830 CMR 63.42.1 the corporation named herein makes application for permission to use section 42 alternative apportionment. An applicant seeking permission to use an alternative apportionment method must first file a return and pay the tax using the statutory method. See 830 CMR 63.42.1. Note: If the Commissioner does not act upon an application before the expiration of nine months from the date of filing, the application is deemed denied. The Commissioner and the applicant may agree in writing to extend the time for decision on the application. Enclose With This Application Form: A statement of the reasons, supported by detailed facts, why the applicant believes that the allocation and apportionment provisions of MGL ch 63 are not reasonably adapted to approximate its Massachusetts income. The applicant must show by clear and cogent evidence that the income attributed to Massachusetts using statutory apportionment is in fact out of all appropriate proportion to the business transacted in Massachusetts or that use of statutory apportionment has led to a grossly distorted result. A detailed description of the sought after proposed alternative apportionment method. The applicant must provide a written summary justifying the proposed alternative method, attaching sufficient documentation to justify the figures used, their origin, nature and relation to the overall result reached. Sign Here Under penalties of perjury, I declare that I have examined this application including accompanying materials, and to the best of my knowledge and belief, it is true, correct and complete. Type or print name of responsible corporate officer 3 Signature of responsible corporate officer Title Date Address Date Type or print paid preparer’s name 3 Individual or firm signature of preparer Authorized representatives or employees of the corporation to whom contents may be disclosed in discussing questions which may arise in connection with this application: Such person must submit a properly completed Power of Attorney (Form M-2848). Name of authorized person Title Address Note: This application must be submitted with the return. Taxpayers filing an electronic return may submit the Form AA-1 electronically with the return filing and electronic payment. For more information on electronic filing and payment requirements see TIR 16-9. Make check or money order payable to the Commonwealth of Massachusetts. Send the application and return to Massachusetts Department of Revenue, Rulings and Regulations Bureau, PO Box 9566, Boston, MA 02114.
More about the Massachusetts Form AA-1 Corporate Income Tax
We last updated the Application for Section 42 Method of Apportionment in April 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Massachusetts Department of Revenue. You can print other Massachusetts tax forms here.
Other Massachusetts Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 355-ES||Corporate Estimated Tax Payment Vouchers|
|Schedule RC||Research Credit|
|Form 355-7004||Corporate Extension Worksheet|
|Form 355-PV||Massachusetts Corporate Payment Voucher|
|Schedule LP||Credit for Removing or Covering Lead Paint on Residence|
Massachusetts usually releases forms for the current tax year between January and April. We last updated Massachusetts Form AA-1 from the Department of Revenue in April 2022.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Massachusetts Form AA-1
We have a total of eleven past-year versions of Form AA-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Massachusetts Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.