New York City has overhauled its business taxes for 2009, bringing them into closer conformity with State laws.
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Tax Types & Descriptions
Finance works closely with New York State to administer business income and excise taxes.  Each has its own tax forms, rates, and filing deadlines.

Filing Information
All business taxes must be filed and paid by the legal due date. Filing requirements and deadlines, tax rates, and other important  information may be different for each tax type. Late filing or late payment will result in the addition of interest and penalties.
 Business Tax Interest Rate Calculator
 Pay Business Taxes Online with e-File
 Business Tax e-File (BTeF)

NYC Voluntary Disclosure and Compliance Program
Businesses that have not filed tax returns for certain periods (non-filers) may wish to join the Voluntary Disclosure and Compliance Program.  Once in the program, Finance will waive all penalties and may adjust tax payments for some periods. Acceptance into this program may not be available once a business is initially contacted by Finance.

Notices
Finance sends notices to taxpayers for many required reasons.  These include letters for tax due, late payment, and audit notification.

Appeals
A taxpayer who is audited or applies for a refund and does not agree with the findings has a number of appeal options. There are many ways to appeal within and outside of Finance. These include an Exit Conference, Conciliation Conference, and a Tax Appeals Tribunal Hearing (click on “Appeals” link above for descriptions).

Refunds
A business tax refund is available if an overpayment has been made.  If you request a refund, please note each business tax has its own form.  Be sure to submit the correct one.

Finance Guidance
Finance provides information to help the business taxpayer with policy and procedures.  Some examples are Finance Memoranda, Updates on Audit Issues, Statements of Audit Procedure (SAPs), Redacted Letter Rulings, and Rule-Making Actions.

Business Income Tax Reports
Finance provides Reports, Newsletters on the City's three business income taxes: General Corporation Tax, Banking Corporation Tax, and Unincorporated Business Tax.

Services
Finance Services include:
• Changing the business name and address of record
• Providing copies of filed returns
• Issuing letter rulings
• Researching tax evasion or fraud
• Providing links to other state and federal tax information 

FAQs about NYC Settlement Procedures

This involves the voluntary disclosure of certain tax-avoidance transactions (commonly called "tax shelters"). NY State Voluntary Compliance Initiative (VCI) taxpayers can report the same information to Finance.  Penalties and criminal prosecution in connection with these transactions can be avoided if businesses participate in the program.
VCI - Tax Shelter Reporting and Disclosure Requirements (New York State)
Finance Memorandum #05-7