§ 211. Reports. 1. Every taxpayer shall annually on or before March\nfifteenth, for taxable years beginning before January first, two\nthousand sixteen, and annually on or before April fifteenth, for taxable\nyears beginning on or after January first, two thousand sixteen,\ntransmit to the commissioner a report in a form prescribed by the\ncommissioner (except that a corporation which reports on the basis of a\nfiscal year shall transmit its report within two and one-half months\nafter the close of its fiscal year, for taxable years beginning before\nJanuary first, two thousand sixteen, and on or before the fifteenth day\nof the fourth month after the close of its fiscal year, for taxable\nyears beginning on or after January first, two thousand sixteen, and\nexcept, also, that a corporation which is a DISC shall transmit its\nreport on or before the fifteenth day of the ninth month following the\nclose of its calendar or fiscal year), setting forth such information as\nthe commissioner may prescribe and every taxpayer which ceases to\nexercise its franchise or to be subject to the tax imposed by this\narticle shall transmit to the commissioner a report on the date of such\ncessation or at such other time as the commissioner may require covering\neach year or period for which no report was theretofore filed. In the\ncase of a termination year of an S corporation, the S short year and the\nC short year shall be treated as separate short taxable years, provided,\nhowever, the due date of the report for the S short year shall be the\nsame as the due date of the report for the C short year. Every taxpayer\nshall also transmit such other reports and such facts and information as\nthe commissioner may require in the administration of this article. The\ncommissioner may grant a reasonable extension of time for filing reports\nwhenever good cause exists.\n An automatic extension of six months for the filing of its annual\nreport shall be allowed any taxpayer if, within the time prescribed by\nthe preceding paragraph, such taxpayer files with the commissioner an\napplication for extension in such form as the commissioner may prescribe\nby regulation and pays on or before the date of such filing the amount\nproperly estimated as its tax.\n 2. Every report shall have annexed thereto a certification by the\npresident, vice-president, treasurer, assistant treasurer, chief\naccounting officer or any other officer of the taxpayer duly authorized\nso to act to the effect that the statements contained therein are true.\nIn the case of an association, within the meaning of paragraph three of\nsection (a) of section seventy-seven hundred one of the internal revenue\ncode, a publicly traded partnership treated as a corporation for\npurposes of the internal revenue code pursuant to section seventy-seven\nhundred four thereof and any business conducted by a trustee or trustees\nwherein interest or ownership is evidenced by certificates or other\nwritten instruments such certification shall be made by any person duly\nauthorized so to act on behalf of such association, publicly traded\npartnership or business. The fact that an individual's name is signed on\na certification of the report shall be prima facie evidence that such\nindividual is authorized to sign and certify the report on behalf of the\ncorporation. Blank forms of reports shall be furnished by the\ncommissioner of taxation and finance, on application, but failure to\nsecure such a blank shall not release any corporation from the\nobligation of making any report required by this article.\n 2-a. The commissioner may prescribe regulations and instructions\nrequiring returns of information to be made and filed in conjunction\nwith the reports required to be filed pursuant to this article, relating\nto payments made to shareholders owning, directly or indirectly,\nindividually or in the aggregate, more than fifty percent of the issued\ncapital stock of the taxpayer, where such payments ar
‹ Prev All New York sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.