New York Laws > Tax > Article 29 > Part 2 > Subpart A – General
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Other versions
§ 1220 | Territorial limitations |
§ 1221 | Taxes not authorized |
§ 1222 | Taxes to be in addition to others |
§ 1223 | Limitations on rates |
§ 1224 | Prior rights assigned counties and cities |
Terms Used In New York Laws > Tax > Article 29 > Part 2 > Subpart A - General
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- county: shall mean any county in this state, except a county wholly within a city. See N.Y. Tax Law 1215
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- population: shall mean the number of people in the particular taxing jurisdiction as shown by the latest federal census. See N.Y. Tax Law 1215