Free Form AU-212 - New York


File Size: 35.5 kB
Pages: 2
Date: August 25, 2006
File Format: PDF
State: New York
Category: Tax Forms
Author: t47143
Word Count: 650 Words, 4,551 Characters
Page Size: Letter (8 1/2" x 11")
URL

http://www.tax.state.ny.us/pdf/2005/misc/au212_1105.pdf

Download Form AU-212 ( 35.5 kB)


Preview Form AU-212
New York Department of Taxation and Finance

New York State Pari-Mutuel Betting Tax Return
Name of organization Street address City State

AU-212
(11/05)

Under Sections 228, 229, 318, 418, and 527 of the Racing Pari-Mutuel Wagering and Breeding Law

Federal employer identification number (EIN)

ZIP code

Reporting period: from

to

Return type:

Thoroughbred

Harness

OTB

1 Total amount of taxable bets for the period .................................................................................... 2 Gross New York State pari-mutuel tax ..................................... 3 Total New York State share of breakage.................................. 2 3

1

4 Total New York State pari-mutuel tax and breakage (add lines 2 and 3) ........................................... Adjustments/miscellaneous 5 Breeders Fund credits Period: from 6 Simulcast credits Period: from 7 OTB pari-mutuel tax credit Period: from to to to ....... ....... ....... 5 6 7

4

8 Total credits (add lines 5, 6, and 7) .................................................................................................... 9 Subtract line 8 from line 4............................................................................................................... 10 Miscellaneous adjustments Explain:

8 9

10 11 Total tax (add or subtract line 10 from line 9) ...................................................................................... 11

Date Date

Signature of authorized person Signature of individual or name of firm preparing this return

Title Preparer's address

Make your check or money order payable to: Commissioner of Taxation and Finance. Mail this original return to: New York State Department of Taxation and Finance, OTPA Accounting - Miscellaneous Tax, Building 8 - Room 431, W A Harriman Campus, Albany NY 12205-0048 Also send a copy of this return to: New York State Tax Office, Pari-Mutuel Revenue, PO Box 90, Jamaica NY 11417

AU-212 (11/05) (back)

Instructions
General information
New York State's pari-mutuel tax return is designed to provide the pari-mutuel betting information as required under sections 228, 229, 318, 418, and 527 of the Racing, Pari-Mutuel Wagering, and Breeding Laws. Line 3 -- New York State share of the breakage as calculated on Form AU-212.1 and AU-212.2. Line 4 -- Total tax and breakage for the period. Line 5 -- Breeder's Fund credits -- Indicate the sum of the Breeder's Fund claimed as credits during the reported period. Line 6 -- Simulcast credits -- Indicate the sum of simulcast credits claimed as indicated on supporting Schedule 3 of Form AU-212. Line 7 -- OTB pari-mutuel tax credit -- Total amount of all daily credits calculated for the reported period. For information on how to compute the pari-mutuel tax credit, visit our Web site at www.nystax.gov and follow the links for Publications and Technical Bulletins/Memos/Pari-Mutuel Tax. Line 9 -- Subtotal -- Subtract line 8, total credits claimed, from line 4, total tax and breakage, for the period. Line 10 -- Miscellaneous adjustments -- Indicate all other credits and adjustments made for the period and provide a brief explanation. Line 11 -- Total tax -- Add or subtract the miscellaneous adjustments from the total state tax and breakage for the period. The return should be signed and dated by the authorized person within your organization or by the individual or firm preparing the return.

Deposit requirements
The payment of the state tax imposed under sections 228, 229, 318, 418, and 527 shall be made to the Commissioner of Taxation and Finance on the last business day of each month. The payments shall cover the taxes due for the period from the sixteenth day of the preceding month through the fifteenth day of the current month. The payments required to be made on March 31 shall include all taxes due and accruing through the last full week of racing in March of the current year. No deposits or payments should accompany the return.

Filing requirements
All racing associations and OTB organizations must file Form AU-212 and all applicable supporting schedules based on the same schedule as the deposit requirements listed above. A substitute form or format may be used, provided all the required fields are included.

Line instructions
List the name, address, and federal identification number of the organization and the tax period being reported. Indicate the type of organization by marking an X in the appropriate box. Line 2 -- Gross New York State pari-mutuel tax as calculated on Form AU-212.1 and AU-212.2.