In relation to continuing the present rates of the transportation corporation tax
NYC L.L. 1988/085
in effectL.L. 1988/085
Enactment date: 12/21/1988
Int. No. 1130
By Council Member DeMarco (by the request of the Mayor)
A Local Law to amend local law number four of the city of New York for the year nineteen hundred seventy-seven, in relation to continuing the present rates of the transportation corporation tax
Be it enacted by the Council as follows:
Section 1. Section four of local law number four for the year nineteen hundred seventy-seven, as amended by local law number seventy-eight for the year nineteen hundred eighty-six, is amended to read as follows:
§ 4. The rates provided in this local law for taxable years commencing on or after January first, nineteen hundred seventy-five shall apply to taxable years commencing on or after January first, nineteen hundred seventy-five and ending on or before December thirty-first, nineteen hundred [eighty-eight] eighty-nine. Thereafter, the lower rates in effect for taxable years ending on or before December thirty-first nineteen hundred seventy-four shall apply.
§ 2. This local law shall take effect immediately.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCadmin/0-0-0-221771Fetched: 10/25/2026