5 CRR-NY 213.1NY-CRR

STATE COMPILATION OF CODES, RULES AND REGULATIONS OF THE STATE OF NEW YORK
TITLE 5. DEPARTMENT OF ECONOMIC DEVELOPMENT
CHAPTER XXI. EMPIRE STATE JOBS RETENTION PROGRAM
PART 213. CALCULATION OF THE TAX CREDITS
5 CRR-NY 213.1
5 CRR-NY 213.1
213.1 Calculation of the tax credits.
(a) The department shall calculate the amount of Empire State Jobs Retention Program credit for which the participant is eligible pursuant to section 211.2 of this Title.
(b) A participant in the program shall be eligible to claim a credit for retention of the impacted jobs. The amount of such credit per job shall be equal to the product of gross wages and 6.85 percent.
5 CRR-NY 213.1
Current through October 15, 2021
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