902 – Enforcement of Taxes Imposed by Other States.
§ 902. Enforcement of taxes imposed by other states. The courts of this state shall recognize and enforce liabilities for taxes lawfully imposed by any other state, or any political subdivision thereof, which extends a like comity to this state, and the duly authorized officer of any such state or a political subdivision thereof may […]
903 – Interest and Penalties.
§ 903. Interest and penalties. For the purposes of this article, the words “tax” and “taxes” shall include interest and penalties due under any taxing statute, and liability for such interest or penalties or both, due under a taxing statute of another state or a political subdivision thereof, shall be recognized and enforced by the […]
951 – Applicable Internal Revenue Code Provisions.
§ 951. Applicable internal revenue code provisions.– (a) General. For purposes of this article, any reference to the internal revenue code means the United States Internal Revenue Code of 1986, with all amendments enacted on or before January first, two thousand fourteen and, unless specifically provided otherwise in this article, any reference to December thirty-first, […]
951-A – General Provisions and Definitions.
§ 951-a. General provisions and definitions. When used in this article: (a) The term “executor” means the executor or administrator of the estate of the decedent, or, if there is no executor or administrator appointed, qualified and acting, then any person or entity in actual or constructive possession of any property of the decedent. (b) […]
952 – Tax Imposed.
§ 952. Tax imposed. (a) A tax is hereby imposed on the transfer of the New York estate by every deceased individual who at his or her death was a resident of New York state. (b) Computation of tax. The tax imposed by this section shall be computed on the deceased resident’s New York taxable […]
954 – Resident’s New York Gross Estate.
§ 954. Resident’s New York gross estate. (a) General.– The New York gross estate of a deceased resident means his or her federal gross estate as defined in the internal revenue code (whether or not a federal estate tax return is required to be filed) modified as follows: (1) Reduced by the value of real […]
955 – Resident’s New York Taxable Estate.
§ 955. Resident’s New York taxable estate. (a) General.–The taxable estate of a New York resident shall be his or her New York gross estate, minus the deductions allowable for determining his or her federal taxable estate under the internal revenue code (whether or not a federal estate tax return is required to be filed), […]
868 – City Pass-Through Entity Tax Election.
§ 868. City pass-through entity tax election. (a) Any eligible city partnership that makes the annual election to be taxed pursuant to article twenty-four-A of this chapter in accordance with section eight hundred sixty-one of this chapter or any eligible city resident S corporation that makes the annual election to be taxed pursuant to article […]
869 – Imposition and Rate of Tax.
§ 869. Imposition and rate of tax. A tax is hereby imposed for each taxable year on the city pass-through entity taxable income of every electing city partnership and every electing city resident S corporation. This tax shall be in addition to any other taxes imposed on such partnership or such S corporation. For each […]
870 – City Pass-Through Entity Tax Credit.
§ 870. City pass-through entity tax credit. (a) Personal income tax credit. (1) A city taxpayer who is a direct partner or member in an electing city partnership or a direct shareholder of an electing city resident S corporation subject to tax under this article shall be allowed a credit against the tax imposed pursuant […]