New York 2025-2026 Regular Session

New York Assembly Bill A01971

Introduced
1/14/25  

Caption

Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.

Companion Bills

NY S00953

Same As Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; imposes an additional tax on individual business income in response to federal tax benefits for pass-through business income.

Similar Bills

No similar bills found.