NYC Administrative Code

§ 11-643.2 — Computation of tax for taxable years beginning in nineteen hundred seventy-three and ending in nineteen hundred seventy-four.

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What is NYC AC § 11-643.2?

Quick Answer

This section outlines the computation of taxes for the taxable years beginning in 1973 and ending in 1974. It specifies that two tentative taxes are to be calculated based on sections 11-643 and 11-643.1, with the final tax being the sum of a proportion of each tentative tax. Applies to property owners subject to these tax computations.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 11-643.2 Computation of tax for taxable years beginning in nineteen hundred seventy-three and ending in nineteen hundred seventy-four.

AC § 11-643.2

For each taxable year beginning in nineteen hundred seventy-three and ending in nineteen hundred seventy-four, two tentative taxes shall be computed, the first as provided in section 11-643 and the second as provided in section 11-643.1 of this part, and the tax for each such year shall be the sum of that proportion of each tentative tax which the number of days in nineteen hundred seventy-three and the number of days in nineteen hundred seventy-four, respectively, which fall within the taxable year, bears to the number of days in the entire taxable year.

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