25-A-31 – Returns and Liabilities.
§ 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 […]
25-A-12 – City Adjusted Gross Income of a Resident Individual.
§ 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 […]
25-A-1 – Meaning of Terms.
§ 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 […]
25-A-2 – Persons Subject to Tax.
§ 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 […]
25-A-3 – Rate of Tax.
§ 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 $ […]
25-A-3-A – Rate of Tax.
§ 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 […]
25-A-4 – Taxable Years to Which Tax Applies; Tax for Taxable Years Beginning Prior to and Ending After July First, Nineteen Hundred Sixty-Six.
§ 4. Taxable years to which tax applies; tax for taxable years beginning prior to and ending after July first, nineteen hundred sixty-six.– (a) General.–The tax imposed by section two, with any modification permitted by subdivision (b) of this section, is imposed for each taxable year beginning with taxable years ending after July first, nineteen […]
25-A-5 – Accounting Periods and Methods.
§ 5. Accounting periods and methods.–(a) Accounting periods.–A taxpayer’s taxable year under this local law shall be the same as his taxable year for federal income tax purposes. (b) Change of accounting periods.–If a taxpayer’s taxable year is changed for federal income tax purposes, his taxable year for purposes of this local law shall be […]
25-A-6 – Resident and Nonresident Defined.
§ 6. Resident and nonresident defined.–(a) Resident individual.–A resident individual means an individual: (1) who is domiciled in the city, unless he maintains no permanent place of abode in the city, maintains a permanent place of abode elsewhere, and spends in the aggregate not more than thirty days of the taxable year in the city, […]
25-AP2 – Residents
PART II RESIDENTS