Wednesday, August 22, 2012
New York, NYC Biotechnology Credit Extended
L. 2012, S7462 (c. 429), effective 08/17/2012, extends the
authorization for New York City to provide a biotechnology credit against the
general corporation tax, unincorporated business tax, and banking corporation
tax until January 1, 2016. Previously this credit was only authorized until
January 1, 2013.
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