1. Case Study
2. ABC Company is a retail store in the city of Cave Creek, Arizona. The state and county tax rate is 6.3%. The city rate is 3%. Accounting credit rate is 1.59.
3. Gross receipts for ABC Company are $3,363.66 for June 2016. ABC has deductions of Sales for Resale (503) in the amount of $265 and Tax Factored or Collected (551) in the amount of $263.66.
4. Company Information:
5. ABC Company
6. 555 Arizona Trails Way
7. Cave Creek, AZ 85327
8. Phone: 602-555-1212
9. EIN: XX-XXXXXX
10. License ZZ-ZZZZZ
11. Please complete the TPT-EZ form for ABC Company. You are not required to sign the form in this case study, but you must enter your name on the first page as the preparer. Please make sure to look up the BUS codes, REG code, LOC code, and city code.

form to fill out can be found on https://www.riolearn.org/content/acc/acc105/ACC105_INTER_0000_v5/pdfs/tpt%20ez%20form.pdf

AA NET AZ/COUNTY TAX (PAGE 2, LINE 7, COLUMN (M))................................................................................................................................................................................................................

1. A1STATE EXCESS TAX COLLECT ...............................................................................................................................................................................................................................................
2. A2EXCESS TAX ACCOUNTING CREDIT .....................................................................................................................................................................................................................................
3. A3SUBTOTAL (LINE AA + A1 - A2 = NET/AZ COUNTY TAX) .....................................................................................................................................................................................................

BB NET CITY TAX (PAGE 2, LINE 14, COLUMN (M))........................................................................................................................................................................................................................... B1 CITY EXCESS TAX COLLECTED ............................................................................................................................................................................................................................................. B2 SUBTOTAL (LINE BB + B1 = NET CITY TAX)..........................................................................................................................................................................................................................

CC NET TAX DUE ON THIS RETURN (LINE A3 + LINE B2 = LINE CC).............................................................................................................................................................................................. DD TPT ESTIMATED PAYMENTS TO BE USED ON THIS RETURN (JUNE RETURN ONLY, DUE IN JULY) .................................................................................................................................... EE TAX DUE NET OF TPT ESTIMATED PAYMENTS (LINE CC - LINE DD = LINE EE)...................................................................................................................................................................... FF TOTAL AMOUNT REMITTED WITH THIS RETURN........................................................................................................................................................................................................................