N.Y. Yonkers income tax surcharge § 15-129: Report of change in taxable income

§ 15-129. Report of change in taxable income.

If the amount of a taxpayer's federal or New York State taxable income

or self-employment income reported on his/her federal or New York State

Tax return for any taxable year is changed or corrected by the United

States Internal Revenue Service or the New York State Tax Commission or

other competent authority, or as the result of a renegotiation of a

contract or subcontract with the United States or New York State or if a

taxpayer, pursuant to Subsection (d) of Section 6213 of the Internal

Revenue Code, executing a notice of waiver of the restrictions provided

in Subsection (a) of said section, or if a taxpayer, pursuant to § 681,

Subdivision (f), of the New York State Tax Law executes a notice of

waiver of the restrictions provided in Subdivision (c) of said section,

or if any tax on self-employment income in addition to that shown on

his/her return is assessed, the taxpayer shall report such change or

correction in federal or New York State taxable income or such execution

of such notice of waiver or such assessment and the changes or

corrections of his/her federal or New York State taxable income or

self-employment income on which it is based, within ninety (90) days

after the final determination of such change, correction or

renegotiation or such execution of such notice of waiver or the making

of such assessment as otherwise required by the State Tax Commission and

shall concede the accuracy of such determination or state wherein it is

erroneous. Any taxpayer filing an amended federal or New York State

income or self-employment income tax return shall also file within

ninety (90) days thereafter an amended return under this article and

shall give such information as the State Tax Commission may require. The

State Tax Commission may, by regulation, prescribe such exceptions to

the requirements of this section as it deems appropriate.