COM/RAD 317 11-49
FORM
500MC
2011
Name as shown on Form 500 or 510
Federal Employer Identication Number (9 digits)
Is the headquarters of the business located in Maryland? ................................ Yes No
Since 2000, has the business been using a sales company to conduct or report Maryland sales? . Yes No
1
3
4
5A
5B
6A
6B
7
8
9
10
11
REPORT OF MARYLAND
MULTISTATE MANUFACTURING
CORPORATION
(With more than 25 employees)
2
.
11500M049
1. Income, line 5, page 1 of Form 500 or line 2, page 1 of Form 510 .................
2. Apportionment factor, using three (3) factor formula from line 5,
column 3 of the worksheet on page 2 of this form ..............................
3. Multiply line 1 by line 2 ...................................................
If ling Form 500
4. Multiply line 3 by 8.25% ..................................................
If ling Form 510
5A. Multiply line 3 by the percentage of individual nonresident ownership
from line 5 of Form 510 ...............................................
5B. Multiply line 3 by the percentage of nonresident entity ownership
from line 10 of Form 510 ..............................................
6A. Multiply line 5A by 6.75% .............................................
6B. Multiply line 5B by 8.25% .............................................
7. Enter the amount from line 9 of Form 500 or line 15 from Form 510 ................
8. If ling Form 500, subtract line 7 from line 4. If ling Form 510,
subtract line 7 from the sum of lines 6A and 6B ................................
(The result may be positive or negative.)
In Maryland Worldwide
9. Volume of sales (receipts). (See instructions) . . . . . . . . . . . . . . . . ____________ ____________
10. Taxable income. (See instructions) . . . . . . . . . . . . . . . . . . . . . ____________ ____________
11. Book value of plant, land, equipment. (See instructions) . . . . . . . . . . ____________ ____________
COM/RAD 317 11-49
Form
500MC
2011
Purpose of Form
Under the Tax Reform Act of 2007, as amended by Chapter
177 / 178 (Senate Bill 444/House Bill 664) of the 2008
regular session of the General Assembly, the Comptroller
of Maryland is required to report to the General Assembly
each manufacturing corporation that has more than 25
employees and apportions its income under the single
sales factor. These corporations should complete Form
500MC which serves to provide the comparison between
using a single-factor apportionment formula and the three-
factor formula that was required prior to January 1, 2001,
as described in statute and regulation.
Additional information can be found at
www.marylandtaxes.com/reporting. Our corporate
information reporting hot line is 410-767-3015 (toll-free
866-588-2086).
General Instructions
Multistate manufacturing corporations are required to use
a single-factor apportionment formula based on receipts. If
the corporation has more than 25 employees, Form 500MC
must also be led.
Complete the worksheet above using the standard three-
factor formula. See instructions for completing Schedule A
for Forms 500 or 510. Submit the completed 500MC form
with the income tax return.
Specic Instructions
Enter the identifying information at the top of Form
500MC, and then answer the two questions that
follow, using the check boxes provided.
Lines 1 through 8.
Instructions for each of these lines are provided
on page 1 of Form 500MC.
Line 9. Volume of sales (receipts).
Enter the amount from line 1A.a, page 2 of
Form 500 or Form 510. Enter the amount from
column 1 for In Maryland” and from Column 2
for “Worldwide.
Line 10. Taxable income.
For Form 500, enter the amount from line 8,
page 1 for “In Maryland” and from line 1 page 1
for Worldwide.For Form 510, enter the amount
from line 4, page 1 for “In Maryland” and line 2,
page 1 for “Worldwide.
Line 11. Book value of plant, land and equipment.
Enter the book value of your plant, land and
equipment in Maryland and worldwide as they
are valued at the end of the tax year.
Page 2
.
Column 1
TOTALS
WITHIN
MARYLAND
Column 2
TOTALS
WITHIN AND
WITHOUT
MARYLAND
Column 3
DECIMAL FACTOR
Column 1 ÷ Column 2
rounded to six places
( )
1A. Receipts a. Gross receipts or sales less returns and allowances .............
b. Dividends ...............................................
c. Interest.................................................
d. Gross rents .............................................
e. Gross royalties...........................................
f. Capital gain net income....................................
g. Other income (Attach schedule) .............................
h. Total receipts (Add lines 1A(a) through 1A(g), for Columns 1 and 2) ..
1B. Receipts Enter the same factor shown on line 1A, Column 3. Disregard this line
if special apportionment formula used ...........................
2. Property a. Inventory ...............................................
b. Machinery and equipment ..................................
c. Buildings ...............................................
d. Land...................................................
e. Other tangible assets (Attach schedule) .......................
f. Rent expense capitalized (multiplied by eight) . . . . . . . . . . . . . . . . . .
g. Total property (Add lines 2a through 2f, for Columns 1 and 2) .....
3. Payroll a. Compensation of officers...................................
b. Other salaries and wages . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
c. Total payroll (Add lines 3a and 3b, for Columns 1 and 2) .........
4. Total of factors (Add entries in Column 3) ................................................................................................................................................................
5. Maryland apportionment factor Divide line 4 by four for three-factor formula, or by the number of factors used if special apportionment
formula required, and enter on line 2, page 1 of this form. (If factor is zero, enter 000001)
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COMPUTATION OF APPORTIONMENT FACTOR
WORKSHEET
(Applies only to multistate corporations)
11500M149
REPORT OF MARYLAND
MULTISTATE MANUFACTURING
CORPORATION