§ 11-1411 General powers of the commissioner of finance.
AC § 11-1411
In addition to the powers granted to the commissioner of finance in this chapter, he or she is hereby authorized and empowered: 1. To make, adopt and amend rules and regulations appropriate to the carrying out of this chapter and the purposes thereof; 2. To extend, for cause shown, the time for filing any return for a period not exceeding ninety days; and to compromise disputed claims in connection with the taxes hereby imposed; 3. To request information from the taxi and limousine commission, the tax commission of the state of New York or the treasury department of the United States relative to any person; and to afford returns, reports and other information to such taxi and limousine commission, tax commission or treasury department relative to any person, any other provision of this chapter to the contrary notwithstanding; 4. To delegate his or her functions hereunder to a deputy commissioner of finance or any employee or employees of the department of finance; 5. To prescribe the methods for determining the consideration subject to the tax, and if there is a transfer of a taxicab or other property in conjunction with the transfer of a taxicab license or interest therein, to prescribe rules and methods for determining the fair market value of such taxicab or other property; 6. To require any transferee or transferor to keep such records, and for such lengths of time as may be required for the proper administration of this chapter and to furnish such records to the commissioner of finance or the taxi and limousine commission upon request; 7. To assess, determine, revise and adjust the taxes imposed under this chapter.
