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Get HSBC USA INC. Form 10Q - 2nd Quarter 2012 - Tax Ny

Tion Credit for Corporate Partners Temporary deferral of certain tax credits For tax years beginning on or after January 1, 2010, and before January 1, 2013, if the total amount of certain credits that you may use to reduce your tax or have refunded to you is greater than $2 million, the excess over $2 million must be deferred to, and used or refunded in, tax years beginning on or after January 1, 2013. For more information about the credit deferral, see Form CT-500, Corporation Tax Credit Defe.

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