{"data":{"id":"us-ny/n.y.-tax-law-869","jurisdiction":"us-ny","citation":"N.Y. Tax Law § 869","heading":"Imposition and rate of tax","body":"§ 869. Imposition and rate of tax. A tax is hereby imposed for each\ntaxable year on the city pass-through entity taxable income of every\nelecting city partnership and every electing city resident S\ncorporation. This tax shall be in addition to any other taxes imposed on\nsuch partnership or such S corporation. For each taxable year beginning\non or after January first, two thousand twenty-two, the rate of tax\nshall be 3.876 percent of city pass-through entity taxable income.","path":["Tax Law","Article 24-B. City Pass-through Entity Tax"],"source_url":"https://legislation.nysenate.gov/api/3/laws/TAX/869","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:45Z","sha256":"132d916a58205ed9d2b4acc6f41a689043114b360c00c5d28edb3930c61262ad","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-tax-law-868","next":"us-ny/n.y.-tax-law-870"},"notice":"GroundRules: Original legal text. Not legal advice."}