New York Consolidated Laws, Tax Law - TAX § 869. Imposition and rate of tax

A tax is hereby imposed for each taxable year on the city pass-through entity taxable income of every electing city partnership and every electing city resident S corporation.  This tax shall be in addition to any other taxes imposed on such partnership or such S corporation.  For each taxable year beginning on or after January first, two thousand twenty-two, the rate of tax shall be 3.876 percent of city pass-through entity taxable income.