2012 New York Consolidated Laws
TAX - Tax
Article 1 - (1 - 37) SHORT TITLE; DEFINITIONS; MISCELLANEOUS
17 - Empire zones tax benefits report.

 
    §  17.  Empire  zones  tax  benefits  report.    (a) The department of
  taxation and finance must publish an empire zones  tax  benefits  report
  annually  by  June thirtieth. The first report must be published by June
  thirtieth, two thousand eleven.
    (b) (1)  The  empire  zones  tax  benefits  report  must  contain  the
  following  information  about  the empire zone tax credits claimed under
  articles nine, nine-A, twenty-two, thirty-two and thirty-three  of  this
  chapter during the previous calendar year:
    (A) the name of each taxpayer claiming a credit; and
    (B) the amount of each credit earned by each taxpayer.
    (2)  If  the  taxpayer  claims  a  empire  zone tax credit because the
  taxpayer is a member of a limited liability  company,  a  partner  in  a
  partnership  or a shareholder in a subchapter S corporation, the name of
  each limited liability company, partnership or subchapter S  corporation
  earning  any  of  those  credits and the amount of credit earned by each
  entity must be included in the report instead of information  about  the
  taxpayer claiming the credit.
    (c)  The  empire  zones  tax  benefits  report  must  also contain the
  following information about the sales and use tax  refunds  and  credits
  claimed under subdivision (d) of section eleven hundred nineteen of this
  chapter during the previous calendar year:
    (A) the name of each taxpayer claiming a credit or refund; and
    (B) the total amount of credits or refunds allowed to each taxpayer.
    (d)  The  information included in the empire zones tax benefits report
  will be based on the information filed with the  department  during  the
  previous calendar year, to the extent that it is practicable to use that
  information.