01co03rsrchcr by HC12091618624

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									Table 3. Corporations Claiming Section A - Regular Credit on Form 6765 [1]
Returns Subject to Excess Base Limitation [2]
Selected Items, by Sectors, Tax Year 2001
(All figures are estimates based on samples--money amounts are in thousands of dollars)
                                                                                                                                                                                                                                                 Sectors
                                                                                                                                                                                                                                                                                                                                 Administrative/
                                                                                                                       Agriculture,                                                                                                                                                            Professional,     Management of
                                                                                                                                                                                                                 Wholesale      Transportation                                  Real estate,                                      support and
                                            Item                                                    All sectors           forestry,                                                                                                                             Finance and                    scientific, and    companies                          Various
                                                                                                                                            Mining          Utilities       Construction      Manufacturing      and retail          and         Information                    rental, and                                          waste
                                                                                                                       fishing, and                                                                                                                              insurance                       technical          (holding                       services [5]
                                                                                                                                                                                                                   trade         warehousing                                      leasing                                         management
                                                                                                                           hunting                                                                                                                                                                services        companies)
                                                                                                                                                                                                                                                                                                                                    services
                                                                                                        (1)                  (2)               (3)             (4)                  (5)            (6)              (7)              (8)             (9)            (10)            (11)            (12)             (13)             (14)             (15)
Number of Returns claiming Regular Credit (Ln16)...............................                               1,457                   5               6                 6                 d              1,050            103                d             97              13              d               136               d                 d              *28
                      Section A-Regular Credit.
1  Basic research payments paid or incurred....................................                          101,235                  0         0        20                                   d          99,211          0                       d             0                0              d          *2,004                 d                 d             0
2 Qualified organization base period amount....................................                          842,255                  0     3,464         2                                   d         830,194          0                       d             0            4,786              d          *3,809                 d                 d             0
4 Wages for qualified services.........................................................               23,758,667             16,779    31,016    14,464                                   d      16,186,241    789,547                       d     5,207,817          537,096              d         861,768                 d                 d       *57,018
5 Cost of supplies............................................................................         5,210,517              5,489    28,810       269                                   d       4,726,802    171,066                       d        86,987           61,284              d         123,041                 d                 d        *4,090
6 Rental or lease costs of computers...............................................                       71,454                  0         3         0                                   d          48,809     19,130                       d            69            3,098              d             345                 d                 d             0
7 Applicable percent of contract research expense..........................                            4,986,231              2,833     1,807    30,632                                   d       3,675,380    182,776                       d       852,962          173,849              d          34,170                 d                 d         1,444
8 Total Qualified Research Expenses (sum 4-7) [3]..........................                           35,595,491             25,100    61,637    45,365                                   d      26,172,897  1,195,497                       d     6,147,835          775,326              d       1,019,324                 d                 d       *62,552
10 Average annual gross receipts [4]................................................               2,113,087,092            506,342 4,762,455 9,912,696                                   d     763,434,499 70,017,482                       d   151,927,795    1,049,244,172              d      41,365,575                 d                 d    *3,425,143
11 Base amount...............................................................................         25,850,524             17,345    47,306    26,743                                   d      18,365,045    879,565                       d     3,347,208          432,194              d       2,627,168                 d                 d       *53,692
12 Excess Base limitation (ln11 - ln8)................................................                11,649,085              7,756    14,331    18,622                                   d       7,793,922    315,932                       d     2,800,627          343,132              d         310,204                 d                 d        *8,860
13 50% Limitation for Research Expenses........................................                       17,797,746             12,550    30,818    22,682                                   d      13,086,449    597,748                       d     3,073,918          387,663              d         509,662                 d                 d       *31,276
14 Enter smaller of line 12 or 13 [3]....................................................             11,646,872              7,756    14,331    18,622                                   d       7,793,922    315,932                       d     2,800,627          340,919              d         310,204                 d                 d        *8,860
16 Regular Credit...............................................................................       1,582,187              1,008     1,863     2,426                                   d       1,076,634     42,001                       d       363,110           44,344              d          44,842                 d                 d        *1,204
                 Section C-Current Year Credit.
40 Pass-thru rsrch cr(s) from prtnshp, S corp, est, or trust.................                             15,214                   40               0                0                    d          11,920              16                  d         3,182              56               d                0                d                 d              0
41 Current year credit for Increasing Research Activities....................                          1,582,548                1,049           1,863            2,426                    d       1,073,707          42,010                  d       366,292          44,400               d           44,842                d                 d         *1,204
Source: Statistics of Income Division: 2001 Corporate Returns Data

Notes:
* Estimate should be used with caution because of the small number of returns on which it was based.
d - Amounts have been deleted to avoid disclosure of information for certain companies.
[1] Includes returns of active corporations, other than Forms 1120S, 1120-REIT, and 1120-RIC
[2] Returns "subject to excess base limitation" applies to those companies where line 12 is less than line 13.
[3] Lines 8 and 14 do not equal the sum of their respective components as shown in this table, because some corporations only reported these total lines.
[4] Line 10 "Average annual gross receipts" is defined as the average annual gross receipts for the 4 tax years preceding the tax year for which the credit is being determined.
[5] "Various Services" include educational services; health care and social assistance; arts, entertainment, and recreation; accommodation and food services; and other services.

								
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