S 3440

  • New York Senate Bill
  • 2023 Regular Session
  • Introduced in Senate
  • Senate
  • Assembly
  • Governor

Relates to franchise tax on banking corporations

Abstract

Reinstates a bank tax based on the highest of four bases: a tax on allocated entire net income, a tax on allocated alternative entire net income, a tax on allocated taxable assets, or a fixed dollar minimum tax; prohibits banks from segregating their income and capital into business and investment varieties.

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Jan 03, 2024

Senate

REFERRED TO BUDGET AND REVENUE

Jan 31, 2023

Senate

REFERRED TO BUDGET AND REVENUE

Bill Text

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