39 – Tax Benefits for Businesses Located in Tax-Free Ny Areas and Employees of Such Businesses.
§ 39. Tax benefits for businesses located in tax-free NY areas and employees of such businesses. (a) (1) Any business or owner of a business in the case of a business taxed as a sole proprietorship, partnership or New York S corporation, that is located in a tax-free NY area approved pursuant to article twenty-one […]
39-A – Penalties for Fraud in the Start-Up Ny Program.
§ 39-a. Penalties for fraud in the START-UP NY program. If the commissioner of economic development on his or her own initiative or on the recommendation of a sponsoring campus, university or college finally determines that any such business participating in the START-UP NY program authorized under article twenty-one of the economic development law has […]
40 – The Tax-Free Ny Area Tax Elimination Credit.
§ 40. The tax-free NY area tax elimination credit. (a) Allowance of credit. A taxpayer that is a business or owner of a business in the case of a business taxed as a sole proprietorship, partnership or New York S corporation, that is located in a tax-free NY area approved pursuant to article twenty-one of […]
41 – Limitation on Tax Credit Eligibility.
§ 41. Limitations on tax credit eligibility. Any taxpayer who stands convicted, or who is a shareholder of an S corporation or partner in a partnership which is convicted, of an offense defined in article two hundred or four hundred ninety-six or section 195.20 of the penal law shall not be eligible for any tax […]
42 – Farm Workforce Retention Credit.
§ 42. Farm workforce retention credit. (a) A taxpayer that is a farm employer or an owner of a farm employer shall be eligible for a credit against the tax imposed under article nine-A or twenty-two of this chapter, pursuant to the provisions referenced in subdivision (g) of this section. (b) A farm employer is […]
42-A – Farm Employer Overtime Credit.
§ 42-a. Farm employer overtime credit. (a) Notwithstanding subdivision (f) of section forty-two of this article, a taxpayer that is a farm employer or an owner of a farm employer shall be eligible for a credit against the tax imposed under article nine-A or twenty-two of this chapter, pursuant to the provisions referenced in subdivision […]
36 – Empire State Jobs Retention Program Credit.
§ 36. Empire state jobs retention program credit. (a) Allowance of credit. A taxpayer subject to tax under article nine-A, twenty-two or thirty-three of this chapter shall be allowed a credit against such tax, pursuant to the provisions referenced in subdivision (e) of this section. The amount of the credit, allowable for ten consecutive tax […]
37 – Alcoholic Beverage Production Credit.
§ 37. Alcoholic beverage production credit. (a) General. A taxpayer subject to tax under article nine-A or twenty-two of this chapter, that is registered as a distributor under article eighteen of this chapter, and that produces sixty million or fewer gallons of beer or cider, twenty million or fewer gallons of wine, or eight hundred […]
38 – New York Innovation Hot Spot Program Tax Benefits.
* § 38. New York innovation hot spot program tax benefits. (a) As used in this chapter, the terms “New York state innovation hot spot” and “qualified entity” shall have the same meaning as under section sixteen-v of the New York state urban development corporation act. (b) A taxpayer under article nine-A of this chapter […]
38*2 – Minimum Wage Reimbursement Credit.
* § 38. Minimum wage reimbursement credit. (a) A taxpayer that is an eligible employer or an owner of an eligible employer as defined in subdivision (b) of this section shall be eligible for a credit against the tax imposed under article nine, nine-A, twenty-two, or thirty-three of this article, pursuant to the provisions referenced […]