N.Y. Comp. Codes R. & Regs. tit. 20 § 540.1

Current through Register Vol. 46, No. 25, June 18, 2024

Section 540.1 - Registration renewal

(a) As authorized by section 1134(a)(5) of the Tax Law, all persons who have a valid certificate of authority shall be subject to the registration renewal requirements as provided herein.

(b)

(1) Every person holding a valid certificate of authority shall be required to file a certificate of registration for a new certificate of authority upon notification by the Department of Taxation and Finance of the pending expiration of such person's current certificate of authority. Such filing shall be made subject to the terms and conditions set forth in this Part.

(2) If the department considers it necessary for the proper administration of the sales and use taxes and prepaid taxes imposed by and pursuant to articles 28 and 29 of the Tax Law, the department may require every person holding a certificate of authority to surrender the certificate of authority and to file a new certificate of registration not more than once every three years. For purposes of this provision, the destruction of the certificate of authority by its holder at the direction of the department shall be considered the surrender of the certificate of authority.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 540.1