2016 New York Laws
TAX - Tax
Article 12 - (Tax) TAX ON TRANSFERS OF STOCK AND OTHER CORPORATE CERTIFICATES
270-D - Tax surcharge.

  270-d.    Tax  surcharge.    1.   In addition to the tax imposed by
  subdivision one of section two hundred seventy of this article, there is
  hereby imposed and shall immediately accrue  and  be  collected  a  like
  additional  tax on all sales, agreements to sell, memoranda of sales and
  all deliveries or transfers of shares or  certificates  subject  to  tax
  under  such  subdivision  during  the period commencing on August first,
  nineteen hundred seventy-five and  ending  July  thirty-first,  nineteen
  hundred   seventy-eight.    Such  additional  tax  is  at  the  rate  of
  twenty-five per cent of the rates of tax on  sales  or  transfers  under
  subdivision  two  of  section  two  hundred  seventy  and on sales under
  subdivision one of section two hundred seventy-a and the maximum  amount
  of  tax  on a single qualifying sale under section two hundred seventy-e
  of this article.  Provided, however, that the tax  so  calculated  shall
  not  be  carried out in its computation beyond four decimal points, that
  is, it shall be computed to the nearest one one-hundredth of one cent.
2.  All the provisions of this article shall apply with respect to the
  additional tax imposed by this section to the same extent as if it  were
  imposed  by subdivision one of section two hundred seventy and expressly
  increased the rates of tax under subdivision two of section two  hundred
  seventy  and  subdivision  one  of section two hundred seventy-a and the
  maximum amount of tax on a single taxable sale under subdivision two  of
  section two hundred seventy-a and the term "tax" as used in this article
  shall include the tax imposed by this section as well as the tax imposed
  by  subdivision  one  of  section two hundred seventy and a reference to
  such tax, subdivision one of section two hundred seventy or section  two
  hundred   seventy  shall  include  the  tax  imposed  by  this  section,
  subdivision one of this section and this section, respectively.