Transcript Choice of Entity and Formation “TLC” for your Business

District of Columbia
Tax Requirements
Brian S. Masterson, Esq.
Venable LLP
January 11, 2012
DC Tax Requirements
• Sales/Use Tax
– Nexus based upon physical presence in DC
– Monthly Returns (Form 800M)
• Franchise Tax
– Nexus based upon business activities in DC
• Pub. L. No. 86-272 safe harbor
– Annual Return (Form D-20 or D-30)
• Payroll Taxes
DC Regulatory Requirements
• Combined Business Tax Registration
Application
– File Form 500 online
• Business License Application and
Registration
– Department of Consumer and Regulatory
Affairs