Department of Records Logo

NYC Government Publication

 

NYC Banking Commission FY2023 Interest Rate Recommendations

Downloadable Content

Download PDF

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.

Agency
Subject
Report type
  • Reports - Annual
Date published
  • 2022-05-13
Language
Fiscal year
  • 2023
Borough
  • Brooklyn
  • Bronx
  • Manhattan
  • Queens
  • Staten Island
Required Report Name
  • Report on Interest Rates for Nonpayment of Taxes