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TSN Online Principal and AP Application and C30 Tracking System Information for Applicants Please read this entire document carefully before you begin the application process. September 2016Online
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Principal and AP refer to the Principal Business Activity Code and Additional Principal Business Activity Code, which are used to identify the primary and secondary business activities of a company.
All businesses are required to provide their Principal and AP codes when filing certain tax forms, such as the IRS Form 1120 or Form 1065.
The Principal and AP codes can be found in the IRS instructions for the specific tax form being filed. The codes should accurately reflect the primary and secondary activities of the business.
The purpose of Principal and AP codes is to provide the IRS with information about the nature of a business's activities, which helps in classifying and analyzing tax returns.
The Principal and AP codes must accurately describe the principal and additional business activities of the company, as classified by the IRS.
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