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Form CT-247 is an information return for corporations subject to the New York State franchise tax.
Corporations subject to the New York State franchise tax are required to file Form CT-247.
Form CT-247 should be filled out with information about the corporation's activities, income, and deductions for the tax year.
The purpose of Form CT-247 is to report detailed financial information to the New York State Department of Taxation and Finance.
The form requires information on the corporation's income, deductions, New York State modifications, apportionment factors, and more.
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