This report is provided per the requirements of Local Law 14 of 2015 as amended by Local Law
4 of 2017. Its purpose is to describe the New York City Department of Finance’s (DOF) outreach
activities associated with the annual tax lien sale.
The New York City Department of Finance announced an updated schedule of fines as part of its Stipulated Fine Program. The new schedule of stipulated fines reflects updated information on dismissal rates for adjudicated violations as well as traffic policy goals of the Adams administration.
This report presents statistical information for Tax Year 2018 for three New York City business income taxes: The Business Corporation Tax (COR), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT).
The seventh annual report of the Office of the Taxpayer Advocate (OTA), an office established in 2015 by the Department of Finance (DOF) to assist customers and recommends improvements to the agency’s policies and procedures.
Annual Report of the New York City Real Property Tax for the fiscal year 2022 shows a market value declined in FY 2022, ending ten consecutive years of growth. The total citywide market value of fully and partially taxable property was still approximately $1.3 trillion.
The New York City Rent Freeze Program is comprised of the Senior Citizen Rent Increase Exemption (SCRIE) and the Disability Rent Increase Exemption (DRIE). The program assists low-income seniors and people with disabilities who reside in rent-regulated apartments/ provides updated Rent Freeze data
The Hotel Room Occupancy Tax must be paid on the occupancy, or the right of occupancy, of a room or rooms in a hotel. Hotel Room Occupancy Tax is separate from the NYC Sales Tax on hotel room occupancy and is charged in addition to the Sales Tax.
Weigh-in-motion systems violations are issued to vehicle owners whose vehicles are recorded as having axle or gross weights exceeding the existing legal thresholds.
The ombudspersons provide data regarding their work at the end of each fiscal year and make annual recommendations to the commissioner of DOF regarding Rent Freeze Program operations.
Under Local Law 11 of 2015, the New York City Department of Finance (DOF) is required to report annually to the New York City Council on outstanding Environmental Control Board (ECB)-adjudicated judgments by November 1.
Report on numbers of individuals using the Department's notification system for recorded deeds, numbers of properties registered, and also on fraudulent document recording complaints and referrals
Local Law 4 of 2006 requires the New York City Department of Finance (DOF) to report annually to the New
York City Council on the sale of tax liens during the preceding year. This report summarizes tax lien sale
activity for calendar year 2021.
This report, mandated by the New York City Charter, identifies and describes tax expenditure programs related to taxes administered by the City and provides tax expenditure estimates based on available data.
DOF is amending the rules for the SCRIE and DRIE Programs.
These amendments to Chapter 52 were first proposed and published on September 23, 2022. A public hearing was held on October 25, 2022. After receiving and reviewing public comments, DOF has adopted this final rule.
This report provides data on Commercial Rent Tax (CRT) liability at the taxpayer and premises level. The data sources for this report are taxpayers’ CRT tax year 2022 (June 1, 2021 – May 31, 2022) returns and CRT collections data from Department of Finance records.
This report highlights OTA’s work from January 1, 2022, through December 31, 2022. Since its establishment, OTA has assisted thousands of taxpayers with questions and contributed to the delivery of excellent customer service.
The total citywide market value of fully and partially taxable property approached $1.4 trillion, about 7.8 percent higher than in FY 2022. Growth was higher in Class Two (9.1 percent) and Class Four (9.7 percent) compared to Class One (6.6 percent) and Class Three (5.4 percent).
By May 13th, the NYC Banking Commission (“Banking Commission”) must recommend a discount rate and late payment interest rates for the upcoming fiscal year beginning July 1.Beginning in Fiscal Year2024, Banking Commission is also required to recommend separate interest rate for certain property plans