New York Tax Article 33 - Franchise Taxes On Insurance Corporations

  • 1500 - General Definitions.
    The following words, as used in this article, shall have the meanings hereinafter set forth. (a) The term "insurance corporation" includes a corporation, association, joint...
  • 1501 - Imposition Of Tax.
    (a) Every domestic insurance corporation and every foreign or alien insurance corporation, for the privilege of exercising its corporate franchise, or of doing business, or...
  • 1502 - Computation Of Tax.
    (a) The tax imposed under section fifteen hundred one shall be the greatest of: (1) for taxable years beginning before July first, two thousand, nine...
  • 1502-a - Tax On Non-life Insurance Corporations.
    In lieu of the tax imposed by section fifteen hundred one of this article, every domestic insurance corporation, every foreign insurance corporation and every alien...
  • 1502-b - Computation Of Tax For Captive Insurance Companies.
    (a) In lieu of the taxes and tax surcharge imposed by sections fifteen hundred one, fifteen hundred two-a, fifteen hundred five-a, and fifteen hundred ten...
  • 1503 - Computation Of Entire Net Income.
    (a) The entire net income of a taxpayer shall be its total net income from all sources which shall be presumably the same as the...
  • 1504 - Allocation.
    (a) Allocation of entire net income. The portion of entire net income of a taxpayer to be allocated within the state shall be the amount...
  • 1505 - Limitation On Tax.
    (a) (1) Domestic, foreign and alien insurance corporations except life insurance corporations. Notwithstanding the provisions of sections fifteen hundred one and fifteen hundred ten of...
  • 1505-a - Metropolitan Transportation Business Tax Surcharge On Insurance Corpo Rations.
    1505-a. Metropolitan transportation business tax surcharge on insurance corporations. (a) (1) Every domestic insurance corporation and every foreign or alien insurance corporation, and every life...
  • 1510 - Additional Franchise Tax On Insurance Corporations.
    (a) Domestic, foreign and alien insurance corporations except life insurance corporations. Except as hereinafter provided, for taxable years beginning before January first, two thousand three...
  • 1511 - Credits.
    (a) Credit for certain other premium taxes. In computing the tax imposed by this article there shall be allowed a credit for the amount of...
  • 1512 - Exemptions.
    (a) This article shall not apply to: (1) the government of the United States, or of any state or municipality thereof, or any instrumentality of...
  • 1513 - Declarations Of Estimated Tax.
    (a) Requirements of declaration.--Every taxpayer subject to the taxes imposed under this article shall make a declaration of its estimated tax for the current taxable...
  • 1514 - Payments Of Estimated Tax.
    (a) First installment of estimated tax. (1) Except as otherwise provided in paragraph two of this subdivision, for taxable years beginning on or after January...
  • 1515 - Returns.
    (a) Every taxpayer and every other foreign and alien insurance corporation having an employee, including any officer, in this state or having an agent or...
  • 1516 - Payment Of Tax.
    (a) To the extent the tax imposed by this article shall not have been previously paid pursuant to section fifteen hundred fourteen, (1) each such...
  • 1517 - Deposit And Disposition Of Revenue.
    All taxes, interest and penalties collected or received by the tax commission under this article shall be deposited and disposed of pursuant to the provisions...
  • 1518 - Secrecy Required Of Officials; Penalty For Violation.
    (a) Except in accordance with the proper judicial order or as otherwise provided by law, it shall be unlawful for the commissioner of taxation and...
  • 1519 - Procedural Provisions.
    The provisions of article twenty-seven of this chapter shall apply to the provisions of this article in the same manner and with the same force...
  • 1520 - Tax Surcharge.
    (a) In addition to the tax imposed under sections fifteen hundred one and fifteen hundred ten of this article, there is hereby imposed, (1) for...

Last modified: September 11, 2016