Billboards and advertising signs are taxable premises under the New York City Commercial Rent Tax. Unless properly reported for CRT purposes, the base rent paid with respect to billboards has
been difficult to discover because taxpayers frequently include the expense in advertising costs if they file NYC returns for the General Corporation Tax.
New York Banking Commission *Agenda and Meeting Minutes : (*Agenda only 5-20-14)
1 Approve banks as NYC Designated Banks
2. Recommend to the City Council interest rates for the early and late payment of real estate taxes; and
3. Administer the City’s Banking Development District (BDD) Program
This report identifies and describes tax expenditure programs related to taxes administered by the City and provides tax expenditure estimates based on available data. The City administers approximately
60 real property, business income, and excise tax expenditure programs.
2013 Legislative Report details recently enacted State and local legislation that affects New York City's tax system and the New York City Department of Finance.
This Notice of Adoption by the Department of Finance shows the adopted amendments to the rules relating to parking violations concerning the Fleet Program.
Market value grew slightly in FY 2013, for the second straight year. The total City-wide
market value of fully and partially taxable property increased to $838.0 billion, about 2.9
percent higher than FY 2012.
This finance memorandum supersedes Finance Memorandum 12-1 and is intended to provide guidance to taxpayers and tax professionals in complying with the New York City tax provisions
enacted in 2004 limiting the depreciation and first year expense deductions for sport utility vehicles ("SUVs").