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New York Consolidated Laws, General City Law - GCT § 3-A. Rate of tax

Current as of January 01, 2026 | Updated by Findlaw Staff

(a) For taxable years ending on or before December thirty-first, nineteen hundred seventy, the tax imposed by section two shall be determined in accordance with the following table:

If the city taxable income is:

The tax is:

Not over $1,000

0.4% of the city taxable income

Over $1,000 but not over
$3,000

$4 plus 0.6% of excess over $1,000

Over $3,000 but not over
$6,000

$16 plus 0.8% of excess over $3,000

Over $6,000 but not over
$10,000

$40 plus 1.0% of excess over $6,000

Over $10,000 but not over $15,000

$80 plus 1.2% of excess over $10,000

Over $15,000 but not over $20,000

$140 plus 1.4% of excess over $15,000

Over $20,000 but not over $25,000

$210 plus 1.6% of excess over $20,000

Over $25,000 but not over $30,000

$290 plus 1.8% of excess over $25,000

Over $30,000

$380 plus 2.0% of excess over $30,000

(b) For taxable years beginning on or after January first, nineteen hundred seventy-one and ending on or before December thirty-first, nineteen hundred seventy-five, and taxable years beginning in nineteen hundred seventy-five and ending in nineteen hundred seventy-six, the tax imposed by section two shall be determined in accordance with the following table:

If the city taxable income is:

The tax is:

Not over $1,000

0.7% of the city taxable income

Over $1,000 but not over
$3,000

$7 plus 1.1% of excess over $1,000

Over $3,000 but not over
$6,000

$29 plus 1.4% of excess over $3,000

Over $6,000 but not over
$10,000

$71 plus 1.8% of excess over $6,000

Over $10,000 but not over $15,000

$143 plus 2.1% of excess over $10,000

Over $15,000 but not over $20,000

$248 plus 2.5% of excess over $15,000

Over $20,000 but not over $25,000

$373 plus 2.8% of excess over $20,000

Over $25,000 but not over $30,000

$513 plus 3.2% of excess over $25,000

Over $30,000

$673 plus 3.5% of excess over $30,000

(c) For each taxable year beginning in nineteen hundred seventy and ending in nineteen hundred seventy-one, two tentative taxes shall be computed, the first as provided in subdivision (a) and the second as provided in subdivision (b), and the tax for each such year shall be the sum of that proportion of each tentative tax which the number of days in nineteen hundred seventy and the number of days in nineteen hundred seventy-one, respectively, bears to the number of days in the entire taxable year.

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Cite this article: FindLaw.com - New York Consolidated Laws, General City Law - GCT § 3-A. Rate of tax - last updated January 01, 2026 | https://codes.findlaw.com/ny/general-city-law/gct-sect-3-a-nr2/

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