NYC Government Publication

In recent years, City taxes on business income have outpaced other revenue sources and have consistently and significantly outperformed forecasts. Chart 1 shows that since FY 2019, business income taxes (inclusive of tax audits) have increased by more than 50%.

Agency

• Comptroller (COMP)

Additional creators

• N/A

Subject

• Taxation

Report type

• Budget / Finance

Date published

• 2025-02-01

Language

• Haitian Creole
• Korean
• Bengali
• Chinese
• Polish
• Yiddish
• French
• Spanish
• Arabic
• Urdu
• Russian
• Italian
• English

Fiscal year

• 2025

Calendar year

• 2025

Borough

• Queens
• Brooklyn
• Staten Island
• Manhattan
• Bronx

Associated place

• New York City

Mandated Report Name

• Other Publication

Items

Thumbnail	Title	Date Uploaded	Actions
	Recent_Trends_in_the_City_s_Business_Income_Taxes.February_2025.pdf	2025-02-19	Download