New York § 869 - 869Imposition and rate of tax
Full text of New York New York Consolidated Laws § 869 — 869Imposition and rate of tax, with citation guidance and answers to common questions.
§ 869. 869Imposition 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.
Source: official New York text · Last verified 2026-08-27
Frequently Asked Questions About New York § 869
What does New York Consolidated Laws § 869 cover?
Section 869 ("869Imposition and rate of tax") is part of the New York Consolidated Laws, the codified statutory law of New York. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New York § 869?
A common citation format is "New York Consolidated Laws § 869" (New York). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New York law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New York official source linked on this page or consult a licensed New York attorney.
How does New York § 869 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New York can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New York.