Updates on Audit Issues

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Filing Information

Ways To Save

Guides & Reports

Overpayment Refunds

Collections

Tax Evasion & Fraud

TaxRapp

Resources

Get Help


Updates on Audit Issues

The Finance Audit Division has identified several issues that taxpayers frequently ask about. As a result of the many questions received, and in our ongoing efforts to provide clear and transparent guidance to taxpayers, Finance is providing Updates on Audit Issues, and will periodically publish new updates and information as they arise.
2016

Business Income Tax
Eligibility for broker or dealer receipts allocation. (November 2016)

2014

Commercial Rent Tax
Billboards and advertising signs are taxable premises under the New York City Commercial Rent Tax. (May 2014)

2008

General Corporation Tax
The New York City net operating loss deduction is presumably the same as that allowed for Federal tax purposes, subject to three limitations. (June 2008)

Unincorporated Business Tax
A corporation that is a partner in a partnership subject to the New York City Unincorporated Business Tax (UBT) is subject to the New York City General Corporation Tax (GCT). (June 2008)

Real Property Transfer Tax
The transfer of an equitable interest in real property is a taxable conveyance for purposes of the Real Property Transfer Tax. (June 2008)

Personal Income Tax
Information regarding the residency rules where individuals have not filed Personal Income Tax returns even though they are New York City residents. (June 2008)

New York State Sales Tax
Information on the rules involving capital improvements when determining sales tax obligations. (June 2008)

2007

Federal and State Changes
Internal Revenue Service and/or New York State Department of Taxation and Finance Reporting Changes. (October 2007)

Hotel Occupancy Tax
The Treatment of Hotel Rewards Points Programs under the Hotel Occupancy Tax (October 2007)

Utility Tax
Treatment of Internet Access Charges, Bundled Services Charges and Voice Over Internet Protocol Charges (VoIP) for Utility Tax purposes. (October 2007)

Banking Corporation Tax
Interest Income on Obligations of New York State, its Political Subdivisions, or United States. (October 2007)

2006

Commercial Rent Tax
Commercial Rent Tax Multiple Leases in One Premises (June 2006)

General Corporation Tax
General Corporation Tax Combination (June 2006)

Banking Corporation Tax
Bank Tax Audit International Banking Facility and Transactions with Offshore Facilities (Shell) (June 2006)

Real Property Transfer Tax
Real Property Transfer Tax Pursuant to Marital Settlement/Divorce Agreement (June 2006)

Unincorporated Business Tax
Unincorporated Business Tax Payments to Partner/Proprietor (June 2006)

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