State Codes and Statutes

Statutes > New-york > Stf > Article-2 > 14-a

§  14-a. Tax audit reporting system. 1. The department of taxation and  finance shall establish and maintain a comprehensive tax audit reporting  system which shall provide the  governor  and  the  legislature  with  a  systematic  method  to  evaluate  the progress made by the department in  achieving revenue targets. In order to ensure that the reporting  system  is  made  an  integral  part  of  the  state  fiscal plan, the following  procedure is hereby established for the  development  of  the  form  and  contents of tax audit target reports and quarterly tax audit reports and  for the submission of such reports.    2.  Annually,  but no later than ninety days prior to the commencement  of each fiscal year, the department shall submit to the governor, a  tax  audit  target  report  for such fiscal year which contains the following  information for each general and special  revenue  fund  tax,  the  cash  receipts  of  which during the last completed state fiscal year exceeded  fifty million dollars: annual and quarterly  numbers  of  audits  to  be  completed,  annual  and  quarterly  dollar  amounts  of  assessments and  collections expected, anticipated annual average assessments and average  collections per audit, and anticipated annual  average  assessments  and  average  collections  per auditor for each such tax source. This data is  to be provided differentiating between solely utilizing  existing  staff  levels  and  any  proposed changes to such levels. Copies of such report  shall be simultaneously furnished to the senate  finance  committee  and  the assembly ways and means committee for their information.    3.  In  addition,  after the tax audit target report for a fiscal year  has been submitted as required, the department shall submit quarterly to  the governor, within thirty days of the close of  each  quarter  of  the  state fiscal year to which such tax audit target report shall pertain, a  quarterly  tax  audit  report which summarizes the actual experiences to  date of assessments  and  collections  for  each  tax  source  in  forms  suitable  for comparison with such target report. Such quarterly reports  shall provide an explanation of the causes of any major  deviation  from  the  targets  set  in  such  target report. Copies of such quarterly tax  audit reports shall be simultaneously furnished to  the  senate  finance  committee   and   the  assembly  ways  and  means  committee  for  their  information.

State Codes and Statutes

Statutes > New-york > Stf > Article-2 > 14-a

§  14-a. Tax audit reporting system. 1. The department of taxation and  finance shall establish and maintain a comprehensive tax audit reporting  system which shall provide the  governor  and  the  legislature  with  a  systematic  method  to  evaluate  the progress made by the department in  achieving revenue targets. In order to ensure that the reporting  system  is  made  an  integral  part  of  the  state  fiscal plan, the following  procedure is hereby established for the  development  of  the  form  and  contents of tax audit target reports and quarterly tax audit reports and  for the submission of such reports.    2.  Annually,  but no later than ninety days prior to the commencement  of each fiscal year, the department shall submit to the governor, a  tax  audit  target  report  for such fiscal year which contains the following  information for each general and special  revenue  fund  tax,  the  cash  receipts  of  which during the last completed state fiscal year exceeded  fifty million dollars: annual and quarterly  numbers  of  audits  to  be  completed,  annual  and  quarterly  dollar  amounts  of  assessments and  collections expected, anticipated annual average assessments and average  collections per audit, and anticipated annual  average  assessments  and  average  collections  per auditor for each such tax source. This data is  to be provided differentiating between solely utilizing  existing  staff  levels  and  any  proposed changes to such levels. Copies of such report  shall be simultaneously furnished to the senate  finance  committee  and  the assembly ways and means committee for their information.    3.  In  addition,  after the tax audit target report for a fiscal year  has been submitted as required, the department shall submit quarterly to  the governor, within thirty days of the close of  each  quarter  of  the  state fiscal year to which such tax audit target report shall pertain, a  quarterly  tax  audit  report which summarizes the actual experiences to  date of assessments  and  collections  for  each  tax  source  in  forms  suitable  for comparison with such target report. Such quarterly reports  shall provide an explanation of the causes of any major  deviation  from  the  targets  set  in  such  target report. Copies of such quarterly tax  audit reports shall be simultaneously furnished to  the  senate  finance  committee   and   the  assembly  ways  and  means  committee  for  their  information.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Stf > Article-2 > 14-a

§  14-a. Tax audit reporting system. 1. The department of taxation and  finance shall establish and maintain a comprehensive tax audit reporting  system which shall provide the  governor  and  the  legislature  with  a  systematic  method  to  evaluate  the progress made by the department in  achieving revenue targets. In order to ensure that the reporting  system  is  made  an  integral  part  of  the  state  fiscal plan, the following  procedure is hereby established for the  development  of  the  form  and  contents of tax audit target reports and quarterly tax audit reports and  for the submission of such reports.    2.  Annually,  but no later than ninety days prior to the commencement  of each fiscal year, the department shall submit to the governor, a  tax  audit  target  report  for such fiscal year which contains the following  information for each general and special  revenue  fund  tax,  the  cash  receipts  of  which during the last completed state fiscal year exceeded  fifty million dollars: annual and quarterly  numbers  of  audits  to  be  completed,  annual  and  quarterly  dollar  amounts  of  assessments and  collections expected, anticipated annual average assessments and average  collections per audit, and anticipated annual  average  assessments  and  average  collections  per auditor for each such tax source. This data is  to be provided differentiating between solely utilizing  existing  staff  levels  and  any  proposed changes to such levels. Copies of such report  shall be simultaneously furnished to the senate  finance  committee  and  the assembly ways and means committee for their information.    3.  In  addition,  after the tax audit target report for a fiscal year  has been submitted as required, the department shall submit quarterly to  the governor, within thirty days of the close of  each  quarter  of  the  state fiscal year to which such tax audit target report shall pertain, a  quarterly  tax  audit  report which summarizes the actual experiences to  date of assessments  and  collections  for  each  tax  source  in  forms  suitable  for comparison with such target report. Such quarterly reports  shall provide an explanation of the causes of any major  deviation  from  the  targets  set  in  such  target report. Copies of such quarterly tax  audit reports shall be simultaneously furnished to  the  senate  finance  committee   and   the  assembly  ways  and  means  committee  for  their  information.