2012 adoptions—personal income tax

March 1, 2012

Permanent Adoption to repeal Appendixes 10 and 10-A and enact new Appendixes 10 and 10-A of Title 20 NYCRR to implement new New York State and City of Yonkers withholding tables and other methods to reflect amendments to the personal income tax law enacted by Chapter 56 of the Laws of 2011, adjusting the personal income tax rates and the tax table benefit recapture for certain taxpayers. The amendments also reflect the implementation of the City of Yonkers 15 percent income tax surcharge on residents over a twelve-month period, rather than the shorter implementation period required for tax year 2011. Amendments to provisions regarding withholding on supplemental wages are also made to accord with the new rates of withholding. These amendments were previously adopted as an emergency action to apply to wages and other compensation paid on or after January 1, 2012. 20 NYCRR Sections 171.4 and 251.1(b) and Appendixes 10 & 10-A.

Text of adoption

PDF

Submitted for publication in the 3/21/12 edition of the State Register.