N.Y. Tax Law § 869: Imposition and rate of tax

§ 869. Imposition and rate of tax. A tax is hereby imposed for each

taxable year on the city pass-through entity taxable income of every

electing city partnership and every electing city resident S

corporation. This tax shall be in addition to any other taxes imposed on

such partnership or such S corporation. For each taxable year beginning

on or after January first, two thousand twenty-two, the rate of tax

shall be 3.876 percent of city pass-through entity taxable income.