Chapter 5: City Unincorporated Business Income Tax

Meaning of terms.

Unincorporated business defined.

Imposition of tax.

Taxable years to which tax applies; tax for taxable years beginning prior to and ending after January first, nineteen hundred sixty-six.

Unincorporated business taxable income.

Unincorporated business gross income.

Unincorporated business deductions.

Allocation to the city.

Deductions not subject to allocation.

Unincorporated business exemptions.

Declaration of estimated tax.

Payments of estimated tax.

Accounting periods and methods.

Returns, payment of tax.

Time and place for filing returns and paying tax.

Signing of returns and other documents.

Extensions of time.

Requirements concerning returns, notices, records and statements.

Report of change in federal or New York state taxable income.

Report of change of state sales and compensating use tax liability.

Change of election.

Notice of deficiency.

Assessment.

Limitations on assessment.

Interest on underpayment.

Additions to tax and civil penalties.

Overpayment.

Limitation on credit or refund.

Interest on overpayment.

Petition to tax appeals tribunal.

Review of tax appeals tribunal's decision.

Mailing rules; holidays; miscellaneous.

Collection, levy and liens.

Transferees.

Jeopardy assessment.

Criminal penalties; cross-reference.

Armed forces relief provisions.

General powers of commissioner of finance.

Secrecy requirement and the penalties for violation.

Inconsistencies with other laws.

Disposition of revenues.