N.Y. General City Model 772/66 § 32: Taxpayers' returns

§ 32. Taxpayers' returns. Every taxpayer, on or before March

fifteenth, nineteen hundred sixty-seven, and annually thereafter, shall

make a return subscribed by the taxpayer and affirmed by him to be true

under the penalties of perjury to the director of finance, for the

calendar year next preceding, as to the business or that portion of the

business of such taxpayer the income from which is the basis of taxation

under this part, except that every trust company and savings bank which

shall become incorporated between the thirty-first day of December and

the succeeding first day of July, shall make its return for such period

on or before September first, and every taxpayer, other than a trust

company and savings bank, which shall commence to do business in the

city or become located in the city, shall make its return for the

calendar year in which it commences to do business or becomes located,

on or before the twentieth day of January of the year succeeding such

calendar year, and except that every taxpayer, other than a trust

company and savings bank, which shall be dissolved, cease to do business

in the city or cease to be located in the city, between the thirty-first

day of December and the succeeding sixteenth day of March and shall not

become merged or consolidated with another corporation taxable under the

same subpart, shall make its return for such period on or before the

date of such dissolution, or cessation of business, and every trust

company and savings bank which shall be dissolved, and shall not become

merged or consolidated with another corporation taxable under the same

subpart, shall make its return, for the period for which it is taxable

under subdivision seven of section twelve of this part on or before the

date of such dissolution. Such return shall be in such form and contain

such information as the director of finance may require for the purpose

of making any computation or otherwise performing its duty under this

part. Such return shall state specifically the items of gross income

derived from such business and the deductions allowed by this part, the

net income which is the basis of the tax, and the amount of tax due.

The return shall be subscribed by the president, vice-president,

treasurer, assistant treasurer, chief accounting officer or any other

officer of the taxpayer duly authorized so to act. The fact that an

individual's name is signed on the return shall be prima facie evidence

that such individual is authorized to subscribe and affirm the return on

behalf of the corporation. Blank forms of return shall be furnished by

the director of finance upon application, but failure to secure the form

shall not relieve any taxpayer from the obligation of making any return

herein required. An automatic extension of three months for the filing

of its annual return shall be allowed any taxpayer if, within the time

prescribed herein for the filing thereof, such taxpayer files with the

director of finance an application for extension in such form as the

director of finance may prescribe by regulation and pays on or before

the date of such filing the amount properly estimated as its tax. The

director of finance may grant a reasonable extension of time for filing

a return, which may be in addition to any automatic extension allowed

under the preceding sentence, whenever in its judgment good cause exists

and shall keep a record of every such extension and the reason therefor.

No such extension or extensions shall aggregate more than three months,

exclusive of any automatic extension.

If the amount of taxable income for any year of any taxpayer as

returned to the United States treasury department is changed or

corrected by the commissioner of internal revenue or other officer of

the United States or other competent authority, or if a taxpayer,

pursuant to subsection (d) of section sixty-two hundred thirteen of the

internal revenue code, executes a notice of waiver of the restrictions

provided in subsection (a) of said section, such taxpayer shall report

such change or corrected taxable income or such execution of such notice

of waiver and the changes or corrections of his federal taxable income

on which it is based, within ninety days after such execution or the

final determination of such change or correction, or on its next return

under this part, or as required by the director of finance, and shall

concede the accuracy of such determination or state wherein it is

erroneous. Any taxpayer filing an amended return with such department

shall also file within ninety days thereafter an amended return with the

director of finance which shall contain such information as it shall

require.