The City Charter requires that the Office of Management and Budget (OMB) publish documentation of forecasting methodologies used for projecting tax revenues for those taxes which account for five percent or more of total City tax revenues.
Testimony of Alaina Turnquist, Lead Budget and Policy Analyst New York City Independent Budget Office To the New York City Council Committees on Finance and Oversight and Investigation On IBO’s Research and Fiscal Projections for NYC Legal Cannabis Market.
The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances or transfers where the consideration exceeds $25,000.
The City Charter requires that the Office of Management and Budget (OMB) publish documentation of forecasting methodologies used for projecting tax revenues for those taxes which account for five percent or more of total City tax revenues.
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 2023 (June 1, 2022 – May 31, 2023) returns and CRT collections data from Department of Finance records.
High expectations: if it can overcome initial growing pains, the NYC legal cannabis market could bring in $1.2 billion in taxable tales and $47 million in annual revenue for the city
Tax Appeals Tribunal of the City of New York July 1, 2022 - June 30, 2023 Annual Report. This report is submitted as required by Section 168.f of the New York City Charter.