What if I am a PA S Corporation that has Built-In-Gains?

PA S Corporations that have Built-In-Gains would file a final RCT-101 for tax year 2015.
If Built-In-Gains are triggered in any subsequent tax year, the PA S Corporation would have to file the RCT-101 to report the amount of gain subject to tax. Such return should be marked as both “First Report” and “Final Report”. If the PA S Corporation does not have any Built-In-Gain to be recognized in a subsequent year, the PA S Corporation does not have an RCT-101 filing requirement for that year.