Mayor de Blasio appeared in front of the senate finance committee to discuss the finances of the City and also testify to the negative effects the new tax law President Trump erected would have on New Yorkers.
Mayor de Blasio announced the appointment of Marianne Spraggins to the New York City Campaign Finance Board, an independent and non-partisan agency that administer campaign finance systems.
A report which highlights current economic conditions pertinent to New York City. The report focuses on the state of the U.S. Economy, financial markets, inflation, New York City labor markets and commercial and residential real estate. (September 2018)
A report which highlights current economic conditions pertinent to New York City. The report focuses on the state of the U.S. Economy, financial markets, inflation, New York City labor markets and commercial and residential real estate. (August 2020)
This report, the first produced under a 2017 City Council law that turns to IBO to issue periodic reports on New York City economic development tax expenditures, looks at the efficiency and effectiveness of two programs: Commercial Revitalization & Commercial Expansion.
Local Law 7 of 2018 requires HPD to evaluate certain sales of select rent-regulated multiple dwellings for potential inclusion on the Speculation Watch List.
The Hotel Room Occupancy Tax must be paid on the occupancy, or the right of occupancy, of a room or rooms in a hotel. A “hotel” is a building or part of it that is regularly used for the lodging of guests.The occupancy tax year is March 1 to the last day of February of the following year.
This memorandum provides a procedure for withdrawing the commonly owned group election made on a tax year 2015 or 2016 Form NYC-2A, Combined Business Corporation Tax Return.
This Memorandum addresses the recognition of income that a taxpayer has deferred pursuant to section 409A of the Internal Revenue Code of 1986, as amended (the “IRC”), and explains how the taxpayer should report the income for UBT purposes.
Mayor Bill de Blasio signed into law Local Law 11/2015, which requires the NYC Department of
Finance (DOF) to report annually to the City Council on outstanding Environmental Control
Board (ECB)-adjudicated judgement by November 1 each fiscal year