2007 proposals—corporation tax
November 13, 2007
Proposal of amendments to the Business Corporation Franchise Tax Regulations and the Personal Income Tax Regulations regarding eligibility for the handicapped-accessible taxicabs and livery service vehicles credit. 20 NYCRR Subpart 5-5 and section 106.5.
Text of proposal
SAPA documentation
Submitted for publication in the 11/28/07 edition of the State Register.
October 9, 2007
Proposal of amendments to the Business Corporation Franchise Tax Regulations relating to repurchase agreements and securities lending agreements held by registered securities brokers and dealers. The amendments provide that repurchase agreements and securities lending agreements held by registered securities brokers or dealers may not be considered investment capital so that the income and expenses from these agreements must be included in the computation of business income for such taxpayers. 20 NYCRR sections 3-3.2, 4-4.3, 4-4.7 and 6-2.7.
Text of proposal
SAPA documentation
- Regulatory Impact Statement
- Regulatory Flexibility Analysis for Small Business and Local Governments
- Rural Area Flexibility Analysis
- Job Impact Statement
Submitted for publication in the 10/24/07 edition of the State Register.
