§ 25-a. Authorization to impose tax.– In addition to any other taxes, now authorized by law, any city having a population of one million or more is hereby authorized and empowered to adopt and amend local laws imposing a tax on the personal income of residents of such city to be administered in the manner […]
§ 1. Meaning of terms.– As used in this local law, the following terms shall mean and include: (a) “Administrator” means the finance administrator or other fiscal officer of the city charged with administration beginning in nineteen hundred seventy, of excise taxes, except with respect to any taxable year until and including the thirty-first day […]
§ 11. City taxable income of a resident individual.–(a) General.–The city taxable income of a resident individual shall be his city adjusted gross income less his city deduction and city personal exemptions, as determined under this local law. (b) Husband and wife.–(1) If the federal taxable income of husband or wife is determined on a […]
§ 12. City adjusted gross income of a resident individual.–(a) General.–The city adjusted gross income of a resident individual means his federal adjusted gross income as defined in the laws of the United States for the taxable year, with the modifications specified in this section. (b) Modifications increasing federal adjusted gross income.–There shall be added […]
§ 13. City deduction of a resident individual.– The city deduction of a resident individual shall be his city standard deduction unless he elects to deduct his city itemized deduction under the conditions set forth in section fifteen.
§ 14. City standard deduction of a resident individual.–(a) General.– The city standard deduction of a resident individual, or of husband and wife whose city taxable income is determined jointly as if husband and wife were one taxpayer, shall be ten per centum of city adjusted gross income or one thousand dollars, whichever is less. […]
§ 15. City itemized deduction of a resident individual.– (a) General.–If federal taxable income of a resident individual is determined by itemizing deductions from his federal adjusted gross income, he may elect to deduct his city itemized deduction in lieu of his city standard deduction. The city itemized deduction of a resident individual means the […]
§ 16. City personal exemptions of a resident individual.–(a) General.–A resident individual shall be allowed a city exemption of six hundred dollars for each exemption for which he is entitled to a deduction for the taxable year for federal income tax purposes. (b) Husband and wife.–If the city income taxes of a husband and wife […]
§ 17. Resident partners.–(a) Partner’s modifications.–In determining city adjusted gross income and city taxable income of a resident partner, any modification described in subdivisions (b), (c) or (d) of section twelve, subdivision (c) of section fifteen or paragraphs two or three of subdivision (d) of such section, which relates to an item of partnership income, […]
§ 18. City taxable income of a resident estate or trust.–The city taxable income of a resident estate or trust means its federal taxable income as defined in the laws of the United States for the taxable year, with the following modifications: (a) There shall be subtracted six hundred dollars as the city exemption of […]
§ 19. Share of a resident estate, trust or beneficiary in city fiduciary adjustment.–(a) General.–An adjustment shall be made in determining city taxable income of a resident estate or trust under section eighteen, or city adjusted gross income of a resident beneficiary of any estate or trust under subdivision (d) of section twelve, in the […]
§ 2. Persons subject to tax.–(a) Imposition of tax.–A tax determined in accordance with the rates set forth in this local law is hereby imposed for each taxable year, ending on or after July first, nineteen hundred sixty-six, but commencing prior to January first, nineteen hundred seventy-six, on the city taxable income of every resident […]
§ 20. Credit to trust beneficiary receiving accumulation distribution.–(a) General.–A resident beneficiary of a trust whose city adjusted gross income includes all or part of an accumulation distribution by such trust, as defined in section six hundred sixty-five of the internal revenue code, shall be allowed a credit against the tax otherwise due under this […]
§ 3. Rate of tax. — The tax imposed by section two shall be determined in accordance with the following table: If the city taxable income is: The tax is: Not over $1,000 0.4 % of the city taxable income Over $ 1,000 but not over $ 4 plus 0.6 % of excess over $ […]
§ 3-A. Rate of tax. — (a) For taxable years ending on or before December thirty-first, nineteen hundred seventy, the tax imposed by section two shall be determined in accordance with the following table: If the city taxable income is: The tax is: Not over $1,000 0.4% of the city taxable income Over $1,000 but […]
§ 31. Returns and liabilities.–(a) General.–On or before the fifteenth day of the fourth month following the close of a taxable year, an income tax return under this local law shall be made and filed by or for: (1) every resident individual required to file a federal income tax return for the taxable year, or […]
§ 32. Time and place for filing returns and paying tax.–A person required to make and file a return under this local law shall, without assessment, notice or demand, pay any tax due thereon to the administrator on or before the date fixed for filing such return (determined without regard to any extension of time […]
§ 33. Signing of returns and other documents.–(a) General.–Any return, declaration, statement or other document required to be made pursuant to this local law shall be signed in accordance with regulations or instructions prescribed by the administrator. The fact that an individual’s name is signed to a return, declaration, statement, or other document, shall be […]
§ 34. Change of residence status during the year.– (a) General.– If an individual changes his status during his taxable year from resident to nonresident, or from nonresident to resident, he shall file one return as a resident for the portion of the year during which he is a resident, and an information return for […]
§ 35. Declarations of estimated tax.– (a) Requirement of declaration.– Every resident individual shall make a declaration of his estimated tax for the taxable year, containing such information as the administrator may prescribe by regulations or instructions, if his city adjusted gross income, other than from wages on which tax is withheld under this local […]
