Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCEChapter I - Franchise and Certain Business TaxesSubchapter A - Business Corporation Franchise TaxPart 7 - PAYMENT OF TAX, DECLARATION AND PAYMENT OF ESTIMATED TAX, AND COLLECTION
Subpart 7-1 - PAYMENT OF TAX
Section 7-1.3 - Cessation tax

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 7-1.3

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Current through Register Vol. 46, No. 45, November 2, 2024
Section 7-1.3 - Cessation tax

(Tax Law, section 213(1))

Any taxpayer that ceases to exercise its franchise or to be subject to the tax imposed by article 9-A must pay the tax, or balance thereof, at the time the report is required to be filed; see section 6-4.2 of this Subchapter.

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 7-1.3

Adopted New York State Register December 27, 2023/Volume XLV, Issue 52, eff. 12/27/2023