This report presents statistical information for tax year 2001 for the three New York City business income taxes: the Banking Corporation Tax (BCT), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT).
Department of Finance’s Annual Report on the New York City Real Property Tax for FY 2001. The report continues to include all the information
and data that have made previous issues an invaluable reference source for City finances.
New York City provides a variety of programs to further social and economic objectives by mean of targeted tax incentives or benefits which reduce tax liabilities, otherwise referred to as Tax Expenditures.