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Form 1120-FSC California San Bernardino: What You Should Know
Taxpayer is unable to obtain an order of any court of competent jurisdiction with respect to any tax due or owed and the taxpayer's return under the Tax Code is not complete. If a Form CT-1120U is filed, there is no refund of the interest unless (1) a refund of interest is included in income under Section 1.501 or (2) if, pursuant to Section 955, the tax is paid or (3) a notice of deficiency for the amount of the tax withheld is not filed within seven days of the tax return being filed. See additional information on Form CT-100C. See IRM 21.6.1.14.8.2.7.3., Notice of Withholding on a Tax Return filed for a Unitary Corporation Business Tax. 2021 Instructions for CT-1120U, Unitary Corporation Business Tax. Return, may be filed by a taxpayer in two situations: 1. Taxpayer is subject to interest add back. If the interest is not paid within five months of date of Form CT-1120U, the tax must be paid. 2. Taxpayer is unable to obtain an order of any court of competent jurisdiction with respect to any tax due or owed and the taxpayer's return under the Tax Code is not complete. If a Form CT-1120U is filed, there is no refund of the interest unless (1) a refund of interest is included in income under Section 1.501 or (2) if, pursuant to Section 955, the tax is paid or (3) a notice of deficiency for the amount of the tax withheld is not filed within seven days of the tax return being filed. See additional information on Form CT-100C. See IRM 21.6.1.14.8.2.7.3., Notice of Withholding on a Tax Return filed for a Unitary Corporation Business Tax. 2021 Instructions for CT-1120U, Unitary Corporation Business Tax. Return, may be filed by a taxpayer in two situations: 1. Taxpayer is subject to interest add back. If the interest is not paid within five months of date of Form CT-1120U, the tax must be paid.
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