N.Y. Tax Law § 270-d: Tax surcharge

§ 270-d. Tax surcharge. 1. In addition to the tax imposed by

subdivision one of section two hundred seventy of this article, there is

hereby imposed and shall immediately accrue and be collected a like

additional tax on all sales, agreements to sell, memoranda of sales and

all deliveries or transfers of shares or certificates subject to tax

under such subdivision during the period commencing on August first,

nineteen hundred seventy-five and ending July thirty-first, nineteen

hundred seventy-eight. Such additional tax is at the rate of

twenty-five per cent of the rates of tax on sales or transfers under

subdivision two of section two hundred seventy and on sales under

subdivision one of section two hundred seventy-a and the maximum amount

of tax on a single qualifying sale under section two hundred seventy-e

of this article. Provided, however, that the tax so calculated shall

not be carried out in its computation beyond four decimal points, that

is, it shall be computed to the nearest one one-hundredth of one cent.

2. All the provisions of this article shall apply with respect to the

additional tax imposed by this section to the same extent as if it were

imposed by subdivision one of section two hundred seventy and expressly

increased the rates of tax under subdivision two of section two hundred

seventy and subdivision one of section two hundred seventy-a and the

maximum amount of tax on a single taxable sale under subdivision two of

section two hundred seventy-a and the term "tax" as used in this article

shall include the tax imposed by this section as well as the tax imposed

by subdivision one of section two hundred seventy and a reference to

such tax, subdivision one of section two hundred seventy or section two

hundred seventy shall include the tax imposed by this section,

subdivision one of this section and this section, respectively.