Based on the 2014 Hazard Mitigation Plan, this publication focuses on a targeted group of hazards that pose a risk to New York City and includes information on how the City approaches risk management.
This Statement of Audit Procedure concerns the computation of the business allocation percentage for corporations that are subject to the City's General Corporation Tax and engaged in the business of broadcasting films and television programs. #GCT-2014-01
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.