PRELIMINARY BUDGET FOCUS: A new brief focusing on our latest estimates for tax revenues based on our recent economic forecast and the Mayor’s Preliminary Budget and financial plan through 2025.
IBO has looked at assessment appeals brought to the Tax Commission over the years 2013-2017 and summarized the results by number of appeals, property tax reductions, property types, and the borough where the properties are located.
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.
This Finance Memorandum generally explains the impact of these federal changes, as well as related changes enacted in the 2018-19 New York State budget, on taxpayers that are subject to the Business Corporation Tax.
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.
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.
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.
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.
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.
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.
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.
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.
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, 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.
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.
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.
The New York City Tax Appeals Tribunal has jurisdiction over petitions filed by taxpayers protesting statutory notices issued by the Department of Finance for all non-property income and excise taxes, and annual vault chargers administered by the City of New York.
This report is submitted as required by §168.f of the NYC Charter. The NYC Tax Appeals Tribunal has jurisdiction over petitions filed by taxpayers protesting statutory notices issued by the Depart of Finance for all non-property income and excise taxes, and annual vault charges administered by NYC.
This report is submitted as required by §168.f of the NYC Charter. The NYC Tax Appeals Tribunal has jurisdiction over petitions filed by taxpayers protesting statutory notices issued by the Depart of Finance for all non-property income and excise taxes, and annual vault charges administered by NYC.
This report is submitted as required by §168.f of the NYC Charter. The NYC Tax Appeals Tribunal has jurisdiction over petitions filed by taxpayers protesting statutory notices issued by the Dep. of Finance for all non-property income and excise taxes and annual vault charges administered by NYC.
"The thing I am most urgent about – and I think all New Yorkers need to feel urgency about – is getting a plan to fix our subways once and for all. And I do want to say I’m encouraged by what I feel is growing urgency.".
TRANSCRIPT: MAYOR DE BLASIO APPEARS LIVE ON THE BRIAN LEHRER SHOW TO DISCUSS HIS IDEA TO HELP FUND THE MTA WHICH INCLUDES CONGESTION PRICING IN COMBINATION WITH INTERNET SALES TAX, AND MARIJUANA TAX, AND MAYBE EVEN PIED-à-TERRE TAX.
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.
This report presents statistical information for Tax Year 2015 for three New York City business income taxes: the Business Corporation Tax (COR), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT)
This report presents statistical information for Tax Year 2017 for three New York City business income taxes: The Business Corporation Tax (COR), the General Corporation Tax (GCT), and the Unincorporated Business Tax (UBT).
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).
This report presents statistical information for tax year 2003 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).
This report presents statistical information for tax year 2004 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).
This report presents statistical information for tax year 2014 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)
This report presents statistical information for tax year 2002 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).
The Real Property Transfer Tax (RPTT) is imposed on the consideration for the following conveyances or transfers where the consideration exceeds $25,000.
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.
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.
With manufacturing jobs in New York City declining, the New York City Industrial Development Agency, under the Giuliani Administration, created the Industrial Program in 1995. This report looks at the evolution and effectiveness of the program.
Report on the Hotel Room Occupancy Tax that must be paid on the occupancy, or the right of occupancy, of a room/s in a hotel. The occupant of any room or rooms in a hotel must pay the tax. The hotel room occupancy tax year starts on March 1 and ends on the last day of February of the following year.
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, and includes an apartment hotel, a motel, boardinghouse, bed-and-breakfast, bungalow, or club,
Mayor de Blasio issued a statement as a response to President Trump's controversial tax bill, stating that the tax code would take more from NYC working families than from the wealthy.
Mayor de Blasio spoke at a rally opposing the Republican Tax bill, describing how detrimental it would be to the working class of NYC and how it only benefits corporations.
This transcript displays an appearance Mayor de Blasio made on CNBC about the recent tax bill put in congree and heavily pushed for by republican's. He sees it as a great attack on the working class, and is especially concerned for what it could do for NYC families.
Mayor de Blasio spoke live on City Hall to discuss recent crime statistics regarding rapes, the effectiveness of stop and frisk policing, and a report from the New York Times alleging tax fraud from the Trump family.
In Mayor De Blasio's speech he emphasizes the importance of a taxation on the rich, and has Bernie Sanders with him to further the discussion on what the American economy does to poor people.
Mayor de Blasio gave an address regarding the Republican Party voting on their recent tax bill, discussing the negative effect it would take on working families,
Mayor de Blasio and City Council Speaker Johnson announced the formation of a new advisory commission to develop recommendations to reform New York City’s property tax system.