Enlarge image | Use your 'Mouse' or the 'Tab key' to move through the fields and 'Mouse' or 'Space bar' to enable the checkboxes. Illinois Department of Revenue ST-16-C Manufacturer’s Purchase Credit Certificate for production-related tangible personal property Purchaser and seller: Complete this certificate together. The seller should keep the top portion and use this information to complete Line 16a of Form ST-1, Sales and Use Tax and E911 Surcharge Return; the purchaser should keep the bottom portion and use this information to complete Form ST-17, Annual Report of Manufacturer’s Purchase Credit Used. Do not attach this certificate to any form. Seller’s portion Purchaser’s business name: __________________________________________________________________________________ Purchaser’s business address: __________________________________________________________________________________ Number and street City State ZIP A Date of purchase A _________/_________/_________ Month Day Year B Purchaser’s account ID number B ___ ___ ___ ___—___ ___ ___ ___ C Taxable selling price of this purchase C $______________________________ D Sales or use tax due - Multiply Line C by the seller's tax rate. Note: If the seller is not registered, multiply Line C by 6.25% (.0625). D $______________________________ E Amount of MPC being used (cannot be greater than 6.25 percent of Line C) E $______________________________ F Remaining tax due - Line D minus Line E. If the amount on this line is greater than zero, this is the tax amount the purchaser owes you. If you are using the credit towards self-assessed state use tax or service use tax, this is the tax amount you must pay on your Form ST-1, Sales and Use Tax and E911 Surcharge Return. F $______________________________ I certify that I have Manufacturer’s Purchase Credit and I am using it to satisfy all or part of the 6.25 percent state sales or use tax liability due on this pur- chase of production-related tangible personal property. _______________________________________________________________________ ______________________ Purchaser's signature Date — — — — — — — — — — — — — — — CUT HERE — — — — — — — — — — — — — — Purchaser's portion Detach and keep this portion. Use this information to complete Form ST-17, Annual Report of Manufacturer’s Purchase Credit Used. Do not attach this certificate to any form. Copy all lines from the top part of this certificate except for Line B, on which you write the seller’s Account ID number. A Date of purchase A _________/_________/_________ Month Day Year B Seller’s account ID number B ___ ___ ___ ___—___ ___ ___ ___ C Taxable selling price of this purchase C $______________________________ D Sales or use tax due - Multiply Line C by the seller's tax rate. Note: If the seller is not registered, multiply Line C by 6.25% (.0625). D $______________________________ E Amount of MPC being used (cannot be greater than 6.25 percent of Line C) E $______________________________ F Remaining tax due - Line D minus Line E. If the amount on this line is greater than zero, this is the tax amount that you owe the seller. If you are using the credit towards self-assessed state use tax or service use tax, this is the tax amount you must pay on your Form ST-1, Sales and Use Tax and E911 Surcharge Return. F $______________________________ This form is authorized as outlined under the tax or fee Act imposing the tax or fee for which this form is filed. Disclosure of this information is required. Failure to provide information may result in this form not being processed and may result in a penalty. ST-16-C (R-09/14) Reset Print |
Enlarge image | General Information Instructions for Form ST-16-C Manufacturer's Purchase Credit (MPC) may be earned for Purchasers — You must complete and give the top part of Form tax-exempt purchases of manufacturing or graphic arts machinery ST-16-C (or equivalent certificate) to the registered seller to certify and equipment. The MPC is equal to 50 percent of the 6.25 percent that you have MPC to apply towards the 6.25 percent state sales or state tax that would have been owed if the purchase were not use tax liability on the purchase. You must pay any locally imposed otherwise exempt. taxes (e.g., home rule, mass transit) directly to the supplier. If you Note: After August 30, 2014, you can no longer earn Manufacturer's overstate your credit, you will be subject to tax, penalty, and interest Purchase Credit on purchases of tax-exempt manufacturing or charges. graphic arts machinery and equipment. However, Manufacturer's Keep the bottom part of this certificate to use when you complete Purchase Credit earned on or before that date, if properly reported, Form ST-17, Annual Report of Manufacturer’s Purchase Credit Used. may be used through December 31, 2016. Do not attach this certificate to any form. MPC may be applied toward state sales or use tax on future Note: If you are using Manufacturer’s Purchase Credit towards the purchases of production-related tangible personal property. This state use or service use tax you owe on qualifying purchases from production-related tangible personal property includes tangible out-of-state sellers not registered in Illinois, you may complete and personal property keep this certificate to document your use of the credit. Use the • incorporated into real estate within a manufacturing or graphic arts information from this certificate to complete Line 16a of your Form facility; ST-1, Sales and Use Tax and E911 Surcharge Return, to reduce the • used or consumed in activities such as preproduction amount of use tax you owe when you report the purchase. material-handling, receiving, quality control, inventory control, Sellers — Your customer must give you the top part of Form storage, staging, and packaging for shipping and transportation ST-16-C or an equivalent certificate to use MPC. You must give the purposes; purchaser your account ID number so that the bottom part of this • used or consumed by the purchaser for research and certificate can be completed and to provide documentation in the development. purchaser’s books and records. MPC may not be transferred to another party. Use the information from this certificate to complete Line 16a of To report the amount of MPC earned, purchasers must complete your Form ST-1, Sales and Use Tax and E911 Surcharge Return, to and file Form ST-16, Annual Report of Manufacturer’s Purchase reduce the amount of tax you owe when you report the sale. Credit Earned, no later than June 30 of the year following Do not attach this certificate to any form. You must keep this the calendar year in which the original purchase of exempt certificate in your records to document the use of the credit by your manufacturing or graphic arts machinery and equipment was made. customer or, when appropriate, by yourself. If Form ST-16 is not filed within this period, the MPC is forfeited. All unused MPC expires the last day of the second calendar year Where can I get help? following the year in which the purchase was made. You may get help by visiting our website at tax.illinois.gov or To report the amount of MPC used, purchasers must complete and calling weekdays between 8 a.m. and 5 p.m. at 1 800 732-8866 or file Form ST-17, Annual Report of Manufacturer's Purchase Credit 217 782-3336. Call 1 800 544-5304, our TDD (telecommunications Used, no later than June 30 of the year following the calendar year in device for the deaf). which the credit was used. General Information Instructions for Form ST-16-C Manufacturer's Purchase Credit (MPC) may be earned for Purchasers — You must complete and give the top part of Form tax-exempt purchases of manufacturing or graphic arts machinery ST-16-C (or equivalent certificate) to the registered seller to certify and equipment. The MPC is equal to 50 percent of the 6.25 percent that you have MPC to apply towards the 6.25 percent state sales or state tax that would have been owed if the purchase were not use tax liability on the purchase. You must pay any locally imposed otherwise exempt. taxes (e.g., home rule, mass transit) directly to the supplier. If you Note: After August 30, 2014, you can no longer earn Manufacturer's overstate your credit, you will be subject to tax, penalty, and interest Purchase Credit on purchases of tax-exempt manufacturing or charges. graphic arts machinery and equipment. However, Manufacturer's Keep the bottom part of this certificate to use when you complete Purchase Credit earned on or before that date, if properly reported, Form ST-17, Annual Report of Manufacturer’s Purchase Credit Used. may be used through December 31, 2016. Do not attach this certificate to any form. MPC may be applied toward state sales or use tax on future Note: If you are using Manufacturer’s Purchase Credit towards the purchases of production-related tangible personal property. This state use or service use tax you owe on qualifying purchases from production-related tangible personal property includes tangible out-of-state sellers not registered in Illinois, you may complete and personal property keep this certificate to document your use of the credit. Use the • incorporated into real estate within a manufacturing or graphic arts information from this certificate to complete Line 16a of your Form facility; ST-1, Sales and Use Tax and E911 Surcharge Return, to reduce the • used or consumed in activities such as preproduction amount of use tax you owe when you report the purchase. material-handling, receiving, quality control, inventory control, Sellers — Your customer must give you the top part of Form storage, staging, and packaging for shipping and transportation ST-16-C or an equivalent certificate to use MPC. You must give the purposes; purchaser your account ID number so that the bottom part of this • used or consumed by the purchaser for research and certificate can be completed and to provide documentation in the development. purchaser’s books and records. MPC may not be transferred to another party. Use the information from this certificate to complete Line 16a of To report the amount of MPC earned, purchasers must complete your Form ST-1, Sales and Use Tax and E911 Surcharge Return, to and file Form ST-16, Annual Report of Manufacturer’s Purchase reduce the amount of tax you owe when you report the sale. Credit Earned, no later than June 30 of the year following Do not attach this certificate to any form. You must keep this the calendar year in which the original purchase of exempt certificate in your records to document the use of the credit by your manufacturing or graphic arts machinery and equipment was made. customer or, when appropriate, by yourself. If Form ST-16 is not filed within this period, the MPC is forfeited. All unused MPC expires the last day of the second calendar year Where can I get help? following the year in which the purchase was made. You may get help by visiting our website at tax.illinois.gov or To report the amount of MPC used, purchasers must complete and calling weekdays between 8 a.m. and 5 p.m. at 1 800 732-8866 or file Form ST-17, Annual Report of Manufacturer's Purchase Credit 217 782-3336. Call 1 800 544-5304, our TDD (telecommunications Used, no later than June 30 of the year following the calendar year in device for the deaf). which the credit was used. ST-16-C (R-09/14) |