N.Y. Rural Electric Cooperative Law § 66: License fee in lieu of all franchise, excise, income, corporation and sales and compensating use taxes

§ 66. License fee in lieu of all franchise, excise, income,

corporation and sales and compensating use taxes. Each cooperative and

foreign corporation doing business in this state pursuant to this

chapter shall pay annually, on or before the first day of July, to the

state tax commission, a fee of ten dollars, but shall be exempt from all

other franchise, excise, income, corporation and sales and compensating

use taxes whatsoever. The exemption from the sales and compensating use

taxes provided by this section shall not apply to the taxes imposed

pursuant to section eleven hundred seven or eleven hundred eight of the

tax law. Nothing contained in this section shall be deemed to exempt

such corporations from collecting and paying over sales and compensating

use taxes on retail sales of tangible personal property and services

made by such corporations to purchasers required to pay such taxes

imposed pursuant to article twenty-eight or authorized pursuant to the

authority of article twenty-nine of the tax law. Such annual fee shall

not be payable after January first, two thousand twenty.