Municipal Net Profit Tax

FAQ's

What will happen to my credit carry forward from my last return filed with the municipal corporation?

The balance of any credit carryforward you have with a municipal corporation will apply to your account with the Department and will be applied to reduce the tax liability for that municipal corporation.  A credit carryforward in one municipal corporation may not be used to offset a tax liability in a different municipal corporation. The credit carryforward will be tracked and carried forward to future taxable years until the balance is used. 

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