Section 11-1411. General powers of the commissioner of finance  


Latest version.
  • In addition
      to the powers granted to the commissioner of finance in this chapter, he
      or she is hereby authorized and empowered:
        1. To make, adopt and amend rules and regulations appropriate  to  the
      carrying out of this chapter and the purposes thereof;
        2.  To  extend,  for cause shown, the time for filing any return for a
      period not exceeding ninety days; and to compromise disputed  claims  in
      connection with the taxes hereby imposed;
        3.  To request information from the taxi and limousine commission, the
      tax commission of the state of New York or the  treasury  department  of
      the United States relative to any person; and to afford returns, reports
      and  other  information  to  such  taxi  and  limousine  commission, tax
      commission or treasury department relative  to  any  person,  any  other
      provision of this chapter to the contrary notwithstanding;
        4. To delegate his or her functions hereunder to a deputy commissioner
      of finance or any employee or employees of the department of finance;
        5.  To prescribe the methods for determining the consideration subject
      to the tax, and if there is a transfer of a taxicab or other property in
      conjunction with the transfer of a taxicab license or interest  therein,
      to  prescribe rules and methods for determining the fair market value of
      such taxicab or other property;
        6. To require any transferee or transferor to keep such  records,  and
      for   such   lengths   of  time  as  may  be  required  for  the  proper
      administration of this chapter  and  to  furnish  such  records  to  the
      commissioner  of  finance  or  the  taxi  and  limousine commission upon
      request;
        7. To assess, determine, revise and adjust  the  taxes  imposed  under
      this chapter.