§ 11-2112 General powers of the commissioner of finance.
AC § 11-2112
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 thirty days; and to compromise disputed claims in connection with the taxes hereby imposed; 3. To request information from 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 tax commission or such 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 and net consideration attributable to that portion of real property located partly within and partly without the city of New York which is located within the city of New York or any interest therein; 6. To require any grantor or grantee to keep such records, and for such length of time as may be required for the proper administration of this chapter and to furnish such records to the commissioner of finance upon request; 7. To assess, determine, revise and adjust the taxes imposed under this chapter.
