State Codes and Statutes

Statutes > New-york > Tax > Article-30 > 1301-a

§  1301-A.  City  minimum  income tax. (a) The city minimum income tax  imposed pursuant to the authority of this article shall  be  imposed  on  the  city minimum taxable income of every resident individual, estate or  trust of such city at the rate of two and one-half percent of such  city  minimum  taxable  income  for  taxable  years  beginning before nineteen  hundred ninety-one and after two thousand eleven and at the rate of  two  and  eighty-five  hundredths percent of such city minimum taxable income  for taxable years beginning after nineteen hundred ninety and before two  thousand twelve.    (b) The city minimum taxable income of a resident  individual,  estate  or  trust  shall be the same as the New York minimum taxable income of a  resident individual, estate or trust as defined in section  six  hundred  twenty-two of this chapter.    (c)  All  the  provisions with respect to the city personal income tax  contained in this article shall apply to the city minimum income tax  in  the same manner and with the same force and effect as if the language of  those  provisions had expressly referred to the city minimum income tax,  except to the extent that any such provision either is  inconsistent  or  is not relevant to the city minimum income tax.    (d)  All  the  provisions  of the local laws imposing the city minimum  income tax  authorized  by  this  article  shall  be  identical  to  the  corresponding  provisions  of article twenty-two of this chapter, except  as to rate, and except as otherwise provided in this article, so far  as  the  provisions of such article twenty-two can be made applicable to the  tax authorized, with  such  limitations  and  modifications  as  may  be  necessary  in  order  to adapt such language to such city minimum income  tax.

State Codes and Statutes

Statutes > New-york > Tax > Article-30 > 1301-a

§  1301-A.  City  minimum  income tax. (a) The city minimum income tax  imposed pursuant to the authority of this article shall  be  imposed  on  the  city minimum taxable income of every resident individual, estate or  trust of such city at the rate of two and one-half percent of such  city  minimum  taxable  income  for  taxable  years  beginning before nineteen  hundred ninety-one and after two thousand eleven and at the rate of  two  and  eighty-five  hundredths percent of such city minimum taxable income  for taxable years beginning after nineteen hundred ninety and before two  thousand twelve.    (b) The city minimum taxable income of a resident  individual,  estate  or  trust  shall be the same as the New York minimum taxable income of a  resident individual, estate or trust as defined in section  six  hundred  twenty-two of this chapter.    (c)  All  the  provisions with respect to the city personal income tax  contained in this article shall apply to the city minimum income tax  in  the same manner and with the same force and effect as if the language of  those  provisions had expressly referred to the city minimum income tax,  except to the extent that any such provision either is  inconsistent  or  is not relevant to the city minimum income tax.    (d)  All  the  provisions  of the local laws imposing the city minimum  income tax  authorized  by  this  article  shall  be  identical  to  the  corresponding  provisions  of article twenty-two of this chapter, except  as to rate, and except as otherwise provided in this article, so far  as  the  provisions of such article twenty-two can be made applicable to the  tax authorized, with  such  limitations  and  modifications  as  may  be  necessary  in  order  to adapt such language to such city minimum income  tax.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Tax > Article-30 > 1301-a

§  1301-A.  City  minimum  income tax. (a) The city minimum income tax  imposed pursuant to the authority of this article shall  be  imposed  on  the  city minimum taxable income of every resident individual, estate or  trust of such city at the rate of two and one-half percent of such  city  minimum  taxable  income  for  taxable  years  beginning before nineteen  hundred ninety-one and after two thousand eleven and at the rate of  two  and  eighty-five  hundredths percent of such city minimum taxable income  for taxable years beginning after nineteen hundred ninety and before two  thousand twelve.    (b) The city minimum taxable income of a resident  individual,  estate  or  trust  shall be the same as the New York minimum taxable income of a  resident individual, estate or trust as defined in section  six  hundred  twenty-two of this chapter.    (c)  All  the  provisions with respect to the city personal income tax  contained in this article shall apply to the city minimum income tax  in  the same manner and with the same force and effect as if the language of  those  provisions had expressly referred to the city minimum income tax,  except to the extent that any such provision either is  inconsistent  or  is not relevant to the city minimum income tax.    (d)  All  the  provisions  of the local laws imposing the city minimum  income tax  authorized  by  this  article  shall  be  identical  to  the  corresponding  provisions  of article twenty-two of this chapter, except  as to rate, and except as otherwise provided in this article, so far  as  the  provisions of such article twenty-two can be made applicable to the  tax authorized, with  such  limitations  and  modifications  as  may  be  necessary  in  order  to adapt such language to such city minimum income  tax.