20 CRR-NY 3-5.2NY-CRR
20 CRR-NY 3-5.2
20 CRR-NY 3-5.2
3-5.2 Short period fixed dollar minimum.
Tax Law, ยง 210(1)(d)
If the taxable period to which any amount determined pursuant to section 3-5.1 of this Subpart applies is less than 12 months, such amount shall be reduced by:
(a) 25 percent if the period for which such taxpayer is subject to tax is more than six months but not more than nine months; or
(b) 50 percent if the period for which such taxpayer is subject to tax is not more than six months.
20 CRR-NY 3-5.2
Current through February 28, 2023
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