N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 7-2.1

Current through Register Vol. 46, No. 45, November 2, 2024

Section 7-2.1 - Requirement of declaration

(Tax Law, section 213-a(a))

(a) Every taxpayer subject to the tax imposed by article 9-A must make a declaration of its estimated tax for the current taxable year if such estimated tax can reasonably be expected to exceed $1,000 for the taxable year.

(b) The declaration required by this section must cover a calendar-year accounting period if the taxpayer files its report on the basis of a calendar year, or a full fiscal year if the taxpayer files its report on the basis of a fiscal year, unless a declaration for a short period is required. No declaration may be made for a period of more than 12 months.

N.Y. Comp. Codes R. & Regs. Tit. 20 §§ 7-2.1

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