Vermont Department of Taxes 

             Form CO-411                                                                                                                      *234111100*

  Vermont Corporate Income Tax Return                                                                                                         *234111100*
                                                                                                                                                                                                                                                            Page 15

                        Name                  Accounting                      Extended                            Unitary                         PL 86-272 is
           Check     X        Change        X        Period Change        X         Return                  X          X                          Applicable
 Appropriate 
 Box(es)                Address               Amended                         Federal Extension                   RAR                             Pro Forma -                                     Final Return
           X        Change                  X        Return               X         Requested               X         Amended                 X        Cannabis                              X    (Cancels Account)
                      Entity Name (Principal Vermont Corporation)                                                                 FEIN                                                      Primary 6-digit NAICS number
  12345678901234567890123456789012(36)     123456789         123456
                                    Address                                                                   Tax year BEGIN date (YYYYMMDD)                                               Tax year END date (YYYYMMDD)
  12345678901234567890123456789012(36)      20230101         20231231
                                Address (Line 2)                                                            Number of companies in                                                      Number of companies 
  12345678901234567890123456789012(36)              Vermont Unitary Group                                                                     123             with Vermont Nexus                              123
                        City                                State                 ZIP Code
                                                                                                            Federal tax                       1120                                           1120-F           990-T
     12345678901234567(21)   Foreign Country                12  1234567890         return filed                                           X        X       X
                                                                                                            (Check one box)
  1234567890123456789012345678(32)                 X       1120-H                                                                                                                           XOther
                                                                                                                                                                                                                                                            FORM  (Place at FIRST page)
                                                                                                                                                     Enter all amounts in whole dollars.                                                                    Form pages 
                                                        -123456789012345  1. FEDERAL TAXABLE INCOME (federal Form 1120, Line 28, as filed)  . . . . . . . . . . . . . . . . . . . . . . 1. . ____________________________.00
    1a.  Special Deductions as filed with IRS  
                                         -123456789012345(federal Form 1120, Line 29b)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a. .__________________________         .00
    1b.  Income/Loss from unitary members included in  
                                         -123456789012345Vermont combined group  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1b.  __________________________         .00                                                                 15 - 17
    1c.  Income/Loss from affiliated entities filed in the above federal  
                                          123456789012345consolidated returns butexcluded from Vermont combined group 1c. .__________________________                                   .00
    1d.  Special Deductions:  Vermont adjustments to federal  
                                          123456789012345special deductions  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1d.  __________________________ .00

                                          123456789012345   1e. Eliminations:  Vermont adjustments to federal eliminations  . . . . . 1e. .__________________________                   .00
    1f.  Other:  Other Vermont adjustments to Combined Net Income  
                                          123456789012345(charitable expenses, etc .)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1f. . __________________________ .00

                                                        -123456789012345 1g. Federal Taxable Income as Adjusted for Combined Net Income(ADD Lines 1 through 1f)  . . . . . 1g. . ____________________________.00

                                                         123456789012345  2. Bonus Depreciation Adjustment (see instructions)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2. . ____________________________.00
  3. Federal Taxable Income as Adjusted for Combined Net Income and Bonus Depreciation 
                                                         123456789012345(ADD Lines 1g and 2)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3. . ____________________________.00

                                          123456789012345  4. ADD 4a. Interest on non-Vermont state and local obligations  . . . . . . . 4a. .__________________________                .00

                                          123456789012345   4b. State and local income or franchise taxes  . . . . . . . . . . . . . . . 4b.  __________________________                .00

 Check box if exception                       SMALL FARM CORPORATION                                    NO VERMONT ACTIVITY                                                             HOMEOWNER’S / CONDO ASSOC.
                                              ($75 minimum)                                             ($0)                                                                            (Federal Form 1120-H only) ($0)
                     to minimum tax applies:X                 X                 X

                                                                                                                                                                                             Form CO-411
                                                                                                                                                                                             Page 1 of 3
5454                                                                                                                                                                                         Rev. 10/23

                              Entity Name
 12345678901234567890123456789012(36)
                  FEIN                             Fiscal Year Ending (YYYYMMDD)                                                        *234111200*
    123456789             20231231                                                                                                      *234111200*
                                                                                                                                                                                                                                                    Page 16

    LESS  4c.  Non-Apportionable Income or loss allocated everywhere 
                                          123456789012345   (Schedule BA-402, Line 1a, or leave blank)  . . . . . . . . . . . . . 4c. .__________________________                  .00

                                          123456789012345    4d.  Foreign dividends received .   . . . . . . . . . . . . . . . . . . . . . . . . .4d.  __________________________  .00

                                          123456789012345    4e.  Interest on U .S . Government obligations  . . . . . . . . . . . . . . .4e. .  .__________________________       .00
            4f. “Gross Up” required by IRC § 78 and other  
                                          123456789012345    excludable income  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4f. . __________________________ .00

                                          123456789012345  4g. Targeted Job Credit salary and wage expense addback  . . . . . 4g. .__________________________                      .00
  5.  NET APPORTIONABLE INCOME  
                                                        -123456789012345(ADD Lines 3, 4a, and 4b,  Then SUBTRACT Lines 4c through 4g.)  . . . . . . . . . . . . . . . . . . . . . . 5. . ____________________________.00
  6.  Vermont Percentage (Schedule BA-402, Line 14, or 100 .000000%) 
                                                           Enter percentage with six places to the right of the decimal point  . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6. . ____________123.123456________________%

                                                         123456789012345  7.  Income Apportioned to Vermont (MULTIPLY Line 5 by Line 6)  . . . . . . . . . . . . . . . . . . . . . . . . . . 7. . ____________________________.00

                                                        -123456789012345  8.  Non-Apportionable Income to Vermont (Schedule BA-402, Line 1B)  . . . . . . . . . . . . . . . . . . . . . . . .  .8.  ____________________________.00

                                                         123456789012345  9.  Foreign Dividends Allocated to Vermont (Schedule BA-402, Line 2B)  . . . . . . . . . . . . . . . . . . . . . . .  .9.  ____________________________.00

                                                        -123456789012345 10.  Net Vermont Income Allocated and Apportioned to Vermont (ADD Lines 7 through 9)  . . . . . . . . 10. . ____________________________.00

                                                         123456789012345 11.  Vermont Net Operating Loss deduction applied (Attach schedule)  . . . . . . . . . . . . . . . . . . . . . . . . . .  .11.  ____________________________.00

                                                         123456789012345 12.  Vermont Net taxable income for this entity (Line 10 MINUS Line 11)  . . . . . . . . . . . . . . . . . . . . . . 12. . ____________________________.00
 13.  Vermont Tax . Calculate Vermont tax due on Line 12 amount using the  
                                                         123456789012345Tax Computation Schedule below  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .13.  ____________________________.00

                                                         123456789012345 14.  Credits (Schedule BA-404, Column C, Line 11)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .14.  ____________________________.00

                                                         123456789012345 15.  Use Tax for taxable items on which no sales tax was charged, including online purchases  . . . . . . .  .15.  ____________________________.00

                                                         123456789012345 16.  Tax Due for this entity (Line 13 MINUS Line 14, then ADD Line 15)  . . . . . . . . . . . . . . . . . . . . . . 16. . ____________________________.00

                                                         123456789012345 17. Gross Receipts (For purpose of minimum tax calculation . See instructions)  . . . . . . . . . . . . . . . . . . . 17. . ____________________________.00

                TAX COMPUTATION SCHEDULE
              (Effective for taxable periods beginning January 1, 2023)
                                                                                                              File the return on the due date required under the 
IF VERMONT NET INCOME (Line 12) IS                                                         TAX IS             Internal Revenue Code, unless extended.
 $10,000 or less  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .6 .00%
 $10,001 to $25,000  . . . . . . . . . . . . $600 plus 7 .00% of excess over $10,000
 $25,001 and over   . . . . . . . . . . .  .$1,650 plus 8 .50% of excess over $25,000                         Pay by the due date required under the Internal 
                                                                                                              Revenue Code, even if the return is extended.  

IF VERMONT GROSS RECEIPTS ARE                                            MINIMUM TAX IS                       Corporations with liabilities over $500, see  
 $500,000 or less  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .$100 instructions for estimated payments on Vermont 
 $500,001 to 1,000,000   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  .$500
 $1,000,001 to $5,000,000  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $1,000         Form CO-414.
 $5,000,001 to $300,000,000  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,000
 $300,000,001 and over  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $100,000

                                                                                                                                                                                            Form CO-411
                                                                                                                                                                                                            Page 2 of 3
5454                                                                                                                                                                                                        Rev. 10/23

                                  Entity Name
 12345678901234567890123456789012(36)
                    FEIN                       Fiscal Year Ending (YYYYMMDD)                                                                 *234111300*
    123456789             20231231                                                                                                           *234111300*
                                                                                                                                                                                                                                                           Page 17
Amount from Line 16             123456789012345. _____________________________

 18.  Payments
                                          123456789012345   18a. Estimated Payments (Form CO-411)  . . . . . . . . . . . . . . . . . . . . . . 18a. .__________________________       .00

                                          12345678901234518b. Payment with Extension (Form BA-403)   . . . . . . . . . . . . . . . . . .18b.  __________________________              .00
         18c. Nonresident estimated payments distributed to this entity by   
                                          123456789012345   a different company through a Schedule K-1VT  . . . . . . . . . . . . . 18c. .__________________________                  .00

                                          12345678901234518d. Real Estate Withholding Payments (Form RW-171)  . . . . . . . . . .18d.  __________________________                     .00

                                          123456789012345   18e. Prior Year Overpayment Applied   . . . . . . . . . . . . . . . . . . . . . . . . 18e. .__________________________    .00

                                                         123456789012345  18f. Total Payments(ADD Lines 18a through 18e)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18f.  ____________________________.00
 19. Balance Due.     If Line 16 is more than Line 18f, subtract Line 18f from Line 16 . 
                                                         123456789012345Make check payable toVermont Department of Taxes  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19. . ____________________________.00
                                                                                                                                                                                                                                                           FORM  (Place at LAST page)
 20.                                                         123456789012345Payment submitted with this return   . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20. . ____________________________.00 Form pages 

                                                         123456789012345 21. Overpayment . If Line 18f is more than Line 16, subtract Line 16 from Line 18f  . . . . . . . . . . . . . . . 21. . ____________________________.00

                                          123456789012345 22. Overpayment to be applied to next tax year  . . . . . . . . . . . . . . . . . . . . . . 22. .__________________________ .00
                                                                                                                                                                                                                                                           15 - 17
                                                         123456789012345 23. Overpayment to be refunded (Line 21 MINUS Line 22)  . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23. . ____________________________.00

I hereby certify that I am an officer or authorized agent responsible for the taxpayer’s compliance with the requirements of Vermont Statutes Annotated, 
Title  32, and that this return is true, correct, and complete to the best of my knowledge. If prepared by a person other than the taxpayer, this declaration further 
provides that under 32 V.S.A. § 5901, this information has not been and will not be used for any other purpose, or made available to any other person, other than 
for the preparation of this return unless a separate valid consent form is signed by the taxpayer and retained by the preparer.

 Signature of Responsible Officer                                                                          Date (MM/DD/YYYY)                                                          Daytime Telephone Number

                                            12312023         802-123-1234
 Printed Name                                            Email Address
 12345678901234567890123   1234567890123456789012345678901234567890123456

      X Check if the Vermont Department of Taxes may discuss this return with the preparer shown.

 Signature of Paid Preparer                                                                                Date (MM/DD/YYYY)                                                          Preparer’s Telephone Number

                                           12312023          802-123-1234
 Preparer’s Printed Name                                 Email Address (optional) 
 12345678901234567890123   1234567890123456789012345678901234567890123456
 Firm’s Name (or yours if self-employed)                                                                   EIN                                                                        Preparer’s SSN or PTIN
 1234567980123456789012345678901234567890   123456789       123456789
 Firm’s Address (or yours if self-employed) (Street, City, State, ZIP Code)
 12345678901234567890123456789012345678901234567890123456   X Check if self-employed
 12345678901234567890123456789012345678901234567890123456

                   Send return           Vermont Department of Taxes
                   and check to:         133 State Street
                                         Montpelier, VT  05633-1401
                                                                                                                     For Department Use Only
                                                                                                                                                                                         Form CO-411
                                                                                                             Ck. Amt.                          Init.
                                                                                                                                                                                         Page 3 of 3
5454                                                                                                                                                                                     Rev. 10/23