|IMPORTANT NOTE FOR MEDALLION TAXICABS
Due to recent legislative changes, the annual commercial motor vehicle tax for the owners of medallion taxicabs has been reduced from $1,000 to $400. The new tax period will be June 1 to May 31 and the full $400 payment will be due by June 20. There will no longer be semi-annual tax periods. For more information regarding these changes, contact the CMVT unit.
Non-passenger, commercial motor vehicles include the following:
Motor vehicles used to transport passengers include any vehicle licensed as a taxicab or a livery that carries passengers for a fee, and any omnibus having a seating capacity of more than seven people (except those that operate under a franchise or a contract with the Port Authority of New York and New Jersey and pay a percentage of gross earnings or receipts to the Port Authority or the City of New York).
The owner of the vehicle pays the commercial motor vehicle tax. The term "owner" includes a purchaser under a conditional sale agreement, reserve agreement, or vendor's lien agreement. It also includes any lessee, licensee, or bailee who has the exclusive use of the vehicle for a period of 30 or more days under a lease or otherwise. In the case of a vehicle that is leased for fewer than 30 days, the owner, not the lessee, must pay the tax.
Note: We provide the New York City Taxi and Limousine Commission with data on outstanding payments; the Taxi and Limousine Commission enforces collection of the CMVT for taxis.
We encourage you to pay your CMVT online for free through DOF’s Business Tax System e-Services. You may also pay by credit card (with a 2% convenience fee).
You can obtain a commercial motor vehicle tax exemption affidavit
The New York City Department of Finance collects CMVT for the following vehicles:
Forms and Reports
The Department of Finance mails the motor vehicle tax return by June 1 each year to owners of non-passenger commercial motor vehicles and owners of medallion taxicabs. If you do not receive this form, you are still responsible for obtaining a copy at the Department of Finance Manhattan Business Center, located at 66 John Street on the second floor. You can also call contact the CMVT unit.
New Registrations and Transfers of License Plates
Visit www.nyc.gov/eservices to pay and manage your CMVT account. You can also contact the CMVT unit or visit the Department of Finance’s Manhattan Business Center. Have a copy of your state registration receipt available and include your tax identification number (EIN or SSN).
CMVT is an annual tax for the tax year that runs June 1 to May 31. You must file your return for the previous year by June 20, unless you acquire a vehicle subject to CMVT after the beginning of the tax year, in which case you must file a tax return within two days of acquiring the vehicle.
If your vehicle is subject to the tax on or after March 1, you pay one-fourth of the yearly tax amount. If your vehicle is subject to the tax on or after December 1 and before March 1, you pay one-half the yearly tax amount. The proration of the tax does not apply to Medallion taxicabs. The full annual fee of $400 is due regardless of when the vehicle is registered.
If your vehicle is subject to the tax on or after March 1, you pay one-fourth of the yearly tax amount. If your vehicle is subject to the tax on or after December 1 and before March 1, you pay one-half the yearly tax amount. The proration of the tax does not apply to medallion taxicabs. The full annual fee of $400 is due regardless of when the vehicle is registered.
The commercial motor vehicle tax is a flat tax, based on the type and maximum gross weight of the vehicle, as shown below. (Maximum gross weight is the weight of the motor vehicle, plus the weight of the maximum load to be carried by the vehicle, if any.)
|VEHICLE CLASS||ANNUAL TAX|
|Passenger Transportation Vehicles:|
|Medallion taxicabs (effective June 1, 2019)
|All other vehicles||$400|
|Non-Passenger Motor Vehicles by Maximum Gross Weight|
Of 10,000 pounds or less and vehicles with NYS registration code 26
10,001 to 12,500 pounds
12,501 to 15,000 pounds
15,001 pounds or more
Local Law: Title 11, Chapter 8, Administrative Code
Enabling Act: Chapter 1032 of the Laws of 1960