N.Y. Comp. Codes R. & Regs. tit. 20, § 3-5.2 – Short period fixed dollar minimum. | Midpage
§ 3-5.2
N.Y. Comp. Codes R. & Regs. tit. 20, § 3-5.2
Short period fixed dollar minimum.
Department of Taxation and Finance
(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.
Tax Law, § 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: