E. Final fiscal year in which no federal tax return is required. When a capital corporation is not required to return to the federal government, its final fiscal year, for corporate tax purposes, ends on the date on which shareholders vote in favour of voluntary dissolution. In addition to the other requirements of this publication of technical information, a company must provide for all unvalued excise debts for businesses, in order to adequately protect the interests of Commonwealth revenues after the liquidation and dissolution of the business. a. the company`s federal and massachusetts identification numbers; (iv) interest and sanctions. Any part of the tax that is not paid on or before the final return due date and which, regardless of the extension of the filing period, is subject to interest ranging from the original due date to the day of payment. If the deadline does not apply to fifty per cent of the taxable tax for the final return on or before the original date of the final return, the extension of the period is cancelled and the return is punishable by penalties in case of late return. Although good quality certificates for dissolution purposes are no longer necessary to dissolve a company by the Secretary of State, companies can still obtain them for a variety of business reasons. The Commissioner will continue to voluntarily terminate these certificates following the procedures set out in this technical information release.
Regardless of whether or not voluntary dissolution companies are remediating a certificate of dissolution, these companies are still required to inform the Commissioner that the dissolution of the company has been duly authorized within 30 days of the date of that authorization. See I. C 156B, point 100 b) and section 1 of this communication on technical information. To obtain such a certificate, voluntary dissolution companies must take the following steps: (ii) the tax liability after the effective date of dissolution. Depending on the thought and circumstances, the company or shareholder of the dissolved company may be required to pay the taxes due by the company after the effective date of the dissolution. Has. Message security. A business may provide for any unvalued excise obligation for businesses by sending guarantees in the form of a security loan, a savings account with a Massachusetts bank or trust company, which may be fully divested, or a U.S. or Commonwealth commitment that expires over five years from the date of dissolution. c. the name and address of the parent company of a related group to which the company belongs or, in the last three years, if any; Legislation passed by the St.
1991 Act, at age 529, effective March 19, 1992, amended Section 156B, p. 100,d) of the general law by removing the requirement that a voluntary dissolution corporation receive a certificate (“certificate” from the Minister of Revenue to be dissolved by the Secretary of State. In Communication 92-4 on technical information, the Commissioner indicated that, although these certificates are no longer necessary as a precondition for dissolution, the Commissioner will continue to issue these certificates to all companies wishing to obtain such certificates.