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 2020 (June 1, 2019 – May 31, 2020) returns and CRT collections data from Department of Finance records.
New York Banking Commission Agenda and Meeting Minutes :
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
Sixth annual report of the Office of the Taxpayer Advocate (OTA), an office established in 2015 within the Department of Finance (DOF) to assist customers and recommend improvements to the agency’s policies and procedures.
New York Banking Commission Agenda and Meeting Minutes :
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
Early Payment Discount Rate and Late Payment Interest Rates Recommendations. The City of New York is required to charge interest on the amount of tax that is late.
Each May, the NYC Banking Commission recommends a discount rate and penalty rates for the upcoming fiscal year beginning on July 1.
As the average tax rate remained at $12.283 per $100 of assessed value, the increase in
the taxable BAV resulted in $1.741.6 million in additional property tax levy for FY2021
The goal of the agency’s Language Access Plan is to ensure that all members
of the public, regardless of their English proficiency, have access to our
information, programs, and services.