§ 24-03 Real Property Assessment Review Proceedings.
RCNY § 24-03
(a)Application for refund. Refunds (or transfers) of overpayments of real property taxes resulting from a Tax Commission remission order or a Supreme Court order or judgment entered after trial or pursuant to settlement in a real property assessment review proceeding may be obtained in accordance with § 726 of the Real Property Tax Law only by filing an application on a form or in a format established by the Commissioner of Finance, plus any other documentation requested by the Department in order to evidence that the applicant is entitled to the refund or transfer of the overpayment, within three (3) years of the entry of the Supreme Court order or judgment, or within six (6) years of the date of the Tax Commission order, as the case may be. Other documentation required may include, but is not limited to, a copy of the Supreme Court order or judgment, if any, copies of both sides of cancelled checks, a printout of the confirmation of payment of taxes by electronic means, statements or other documentation from the taxpayer's bank or an affidavit setting forth facts alleged by the applicant.
(b)Interest on refunds. Interest shall be paid on the amount of any refund made pursuant to this section that resulted from a Supreme Court order or judgment, to be computed from the date of payment of the tax or portion thereof to be refunded until the date of such order or judgment. Interest shall also be paid on the amount of such refund for the period after the entry of a final order or judgment but shall accrue only from the date on which an application for Audit and Payment of such refund was duly made to the Department of Finance in accordance with the requirements of this section.
