Section 1301-A. City minimum income tax  


Latest version.
  • (a) The city minimum income tax
      imposed pursuant to the authority of this article shall  be  imposed  on
      the  city minimum taxable income of every resident individual, estate or
      trust of such city at the rate of two and one-half percent of such  city
      minimum  taxable  income  for  taxable  years  beginning before nineteen
      hundred ninety-one and after two thousand eleven and at the rate of  two
      and  eighty-five  hundredths percent of such city minimum taxable income
      for taxable years beginning after nineteen hundred ninety and before two
      thousand twelve.
        (b) The city minimum taxable income of a resident  individual,  estate
      or  trust  shall be the same as the New York minimum taxable income of a
      resident individual, estate or trust as defined in section  six  hundred
      twenty-two of this chapter.
        (c)  All  the  provisions with respect to the city personal income tax
      contained in this article shall apply to the city minimum income tax  in
      the same manner and with the same force and effect as if the language of
      those  provisions had expressly referred to the city minimum income tax,
      except to the extent that any such provision either is  inconsistent  or
      is not relevant to the city minimum income tax.
        (d)  All  the  provisions  of the local laws imposing the city minimum
      income tax  authorized  by  this  article  shall  be  identical  to  the
      corresponding  provisions  of article twenty-two of this chapter, except
      as to rate, and except as otherwise provided in this article, so far  as
      the  provisions of such article twenty-two can be made applicable to the
      tax authorized, with  such  limitations  and  modifications  as  may  be
      necessary  in  order  to adapt such language to such city minimum income
      tax.