1553 – Exemptions.
§ 1553. Exemptions. This article shall not apply to: (a) the government of the United States or any instrumentality thereof; (b) the state of New York or any political subdivision, as such term is defined for purposes of section one hundred three of the internal revenue code, thereof; (c) the United Nations or any other […]
1551 – Imposition of Tax.
§ 1551. Imposition of tax. There is hereby imposed on any person whose home state is New York and who purchases or renews a taxable insurance contract from an insurer not authorized to transact business in this state under a certificate of authority from the superintendent of financial services a tax at the rate of […]
1514 – Payments of Estimated Tax.
§ 1514. Payments of estimated tax. (a) First installment of estimated tax. (1) Except as otherwise provided in paragraph two of this subdivision, for taxable years beginning on or after January first, nineteen hundred seventy-six, every taxpayer subject to tax under this article must pay in each year an amount equal to (i) twenty-five percent […]
1552 – Allocation.
§ 1552. Allocation. Where the taxable insurance contract covers risks located or resident both within and without this state and the taxpayer’s home state is New York, one hundred percent of premiums shall be allocable to this state.
1515 – Returns.
§ 1515. Returns. (a) Every taxpayer and every other foreign and alien insurance corporation having an employee, including any officer, in this state or having an agent or representative in this state, shall annually, on or before the fifteenth day of the third month following the close of its taxable year, for taxable years beginning […]
1516 – Payment of Tax.
§ 1516. Payment of tax. (a) To the extent the tax imposed by this article shall not have been previously paid pursuant to section fifteen hundred fourteen, (1) each such tax, or the balance thereof, shall be payable to the tax commission in full at the time the taxpayer’s return is required to be filed, […]
1517 – Deposit and Disposition of Revenue.
§ 1517. Deposit and disposition of revenue. All taxes, interest and penalties collected or received by the tax commission under this article shall be deposited and disposed of pursuant to the provisions of section one hundred seventy-one-a of this chapter.
1518 – Secrecy Required of Officials; Penalty for Violation.
§ 1518. Secrecy required of officials; penalty for violation. (a) Except in accordance with the proper judicial order or as otherwise provided by law, it shall be unlawful for the commissioner of taxation and finance, the superintendent of financial services, any officer or employee of the department of taxation and finance, or the department of […]
1519 – Procedural Provisions.
§ 1519. Procedural provisions. The provisions of article twenty-seven of this chapter shall apply to the provisions of this article in the same manner and with the same force and effect as if the language of such article twenty-seven had been incorporated in full into this article and had expressly referred to the tax under […]
1520 – Tax Surcharge.
§ 1520. Tax surcharge. (a) In addition to the tax imposed under sections fifteen hundred one and fifteen hundred ten of this article, there is hereby imposed, (1) for taxable years ending after June thirtieth, nineteen hundred eighty-nine and before July first, nineteen hundred ninety a tax surcharge at the rate of two and one-half […]