Proposed New York Tax Reform
Setting the stage for new legislation
Addressing what is perceived to be a negative tax environment for business, the New York State Tax Reform and Fairness Commission has proposed revenue-neutral tax reforms to modernize New York’s corporate tax law. In this article, Russell W. Banigan, Kenneth Jewell and Mary Jo Brady, of Deloitte Tax LLP, discuss how certain of the Commission’s proposals compare with current New York State corporate franchise tax law and how they stack up against a competing report issued by the New York State Senate Republican Conference.
Download the full article to read more.
As used in this document, “Deloitte” means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.