The mechanism for reporting these tax-free earnings and profits is now available online. To access the program, taxpayers should either click on the following link or manually copy and paste the entire URL address into their web browser:
The reporting required in this TIR and the regulation must be completed by the later of January 31, 2010, or 90 days following an entity's Massachusetts tax return filing for the last year during any portion of which such entity or a predecessor was treated as a corporate trust under G.L. c. 62, § 8. All entities that were treated as corporate trusts on or after July 3, 2008 must complete this reporting, whether they filed returns or not.
/s/Navjeet K. Bal
Navjeet K. Bal
Commissioner of Revenue
November 12, 2009