3.45 If you answered question 3.44 with Yes or Yes for some, No for others, please indicate interstate division of the tax base by filling in the form below: 3.51 Treatment of affiliated corporations. - In taxing affiliated corporations, does your State require that operations of such a tions be consolidated or combined in determining the tax base? 3.52 3.53 Does this rule or requirement apply when one or more of the affiliated corporations ar of the kinds of business named in question 3.41? If you answered Yes to question 3.52, please specify the kinds of business by using from question 3.41 and the kind (measure) of tax by using reference letters from que Kind of business (numerical symbols from question 3.41) Measure of tax (letter references from ques 3.54 What criteria are used in your State to determine whether to require combination or e operations of affiliated corporations? 3.55 Please check this box if you are enclosing supplementary materials about the treatmen. corporations. Please use this space or enclosures to comment on any other interstate aspects of ban on special problems in your State that are not covered in preceding replies. Please check this box if you are enclosing supplementary materials about these aspects or problems 4. LOCAL TAXATION OF BANKS 4.10 We need information about present and potential local government taxes applicable to commercial banks in your State. This includes not only taxes especially applicable to banks, but also general taxes (for example, a local income tax) that may have been extended to banks under interim provisions of sec. 5219, R.S., or may be extended to banks following removal of restrictions in that section. 4.II Please report briefly any such local taxes in your State, either on this page or in an enclosure, 4.12 If your office cannot supply information along these lines, is there another State office Mich should be able to supply it? If so, please provide a specific referral (including telephone number), 4.13 If there is no central source for this information in your State, will you please same the financa se tax officials in three or four major financial cities or counties in your State, so that we say inquire directly? 4 We invite your comments on other issues that you consider pertinent to our study under P.L. 91-156, or on relevant special problems in your State that are not covered in this questionnaire. If you are supplying an enclosure with such comments, please mark it "Question 6" and With your response, please supply explanatory memoranda, statutes, bills, regulations, reports, tabulations, manuals, or other documents that will amplify your replies. We request especially with reference to questions 1, 2, and 3 that you give information such as the following, to the extent applicable: ...whether taxes referred to, either enacted or proposed, are for State or local government purposes; ...the basis (or measure) for each tax; ...estimates of the magnitude of the taxable base ...applicable or proposed tax rates; ...actual or expected revenue yields or effects; - or recent actual data; ...interrelations between taxes (for example, that a particular tax is credited against another tax or in lieu of it); ...jurisdictional or other rules for deciding when the tax applies; ...rules or procedures for determining the interstate or interlocal division of the taxable base or payment of each taxpayer. Tanie 3: Bates Reporting Changes Tax Treatment of Commercial Banks ter Jecember 4 969 1141 brough 141. Mame 3-2 Bate Cakes Reported Applicable to Commercial Banks in Yovember 10 Measure of Tax and Extent and Timing focabuiry 1510 5601. Lame Teasmear of Dividends Received rom Xmmercial Banks Inder brown 3201 |