NYC Administrative Code

§ 11-643.4 — Computation of tax for taxable years beginning in nineteen hundred seventy-four and ending in nineteen hundred seventy-five.

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What is NYC AC § 11-643.4?

Quick Answer

This section outlines the computation of tax for taxable years beginning in 1974 and ending in 1975. It specifies the calculation of two tentative taxes based on the provisions of sections 11-643.1 and 11-643.3, with the final tax being the sum of proportions of each tentative tax based on the number of days in the respective years. Applies to property owners subject to these tax computations.

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§ 11-643.4 Computation of tax for taxable years beginning in nineteen hundred seventy-four and ending in nineteen hundred seventy-five.

AC § 11-643.4

For each taxable year beginning in nineteen hundred seventy-four and ending in nineteen hundred seventy-five, two tentative taxes shall be computed, the first as provided in section 11-643.1 and the second as provided in section 11-643.3 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-four and the number of days in nineteen hundred seventy-five, respectively, which fall within the taxable year, bears to the number of days in the entire taxable year.

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