N.Y. General City Law art. 2-D, § 2: Persons subject to tax

§ 2. Persons subject to tax.--(a) Imposition of tax.--A tax determined

in accordance with the rates set forth in this local law is hereby

imposed for each taxable year, ending on or after July first, nineteen

hundred sixty-six, but commencing prior to January first, nineteen

hundred seventy-six, on the city taxable income of every resident

individual, resident estate and trust.

(b) Partners and partnerships.-- A partnership as such shall not be

subject to tax under this local law. Persons carrying on business as

partners shall be liable for tax under this local law only in their

separate or individual capacities.

(c) Associations taxable as corporations.-- An association, trust or

other unincorporated organization which is taxable as a corporation for

federal income tax purposes shall not be subject to tax under this local

law.

(d) Exempt trusts and organizations.-- A trust or other unincorporated

organization which by reason of its purposes or activities is exempt

from federal income tax shall be exempt from tax under this local law

(regardless of whether subject to federal income tax on unrelated

business taxable income).

(e) Cross references.-- For definitions of city taxable income of:

(1) Resident individual, see section eleven.

(2) Resident estate or trust, see section eighteen.