Form Tc201 - Instructions For 2000 Page 2
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2Accountant certification. If the actual assessment is
Failure to comply results in loss of eligibility for review of
1,000,000 or more, and income exceeds $25,000, this
the assessment by the Tax Commission and subjects
schedule must be accompanied by Form TC309
the owner to liability for fines.
Accountant’s Certification, which must be signed by an
independent certified public
accountant
who
has
If you complete this schedule and check the appropriate
conducted an appropriate audit of the applicant’s
box on the first page, the Department of Finance will
records.
accept this submission in satisfaction of the RPIE
requirement, provided the following conditions are met:
Related parcels. The statement may cover a group of
parcels operated by the same landlord if one of the
If the actual assessment for 2000/01 is greater than
following tests are met:
All of the parcels are
$1,000,000
and
the
property
is
not
exclusively
contiguous. All of the parcels are situated on the same
residential,
an
RPIE
Addendum
describing
the
or adjacent blocks and are operated as an economic
nonresidential tenancies is required.
unit. All of the parcels are units in a single condominium
and are covered by a single application (or if there are
The schedule must be complete and legible.
multiple blocks, by one application per block).
A photocopy of the entire application to the Tax
When filing a schedule that covers multiple lots (other
Commission, including this schedule, must be delivered
than
condominium
units)
observe
the
following
with the original. (The Tax Commission requires that a
requirements:
photocopy be supplied for all applications; two copies for
assessments over $4,000,000.)
A separate application is required for each lot. Attach
the combined schedule to the application for the first lot
The reporting period must be the full calendar year
in the group.
On the other applications refer to that
ending December 31, 1999, or fiscal year ending after
block and lot. If the combined schedule is submitted on
July 31, 1999.
Form TC150, file only for the first lot in the group.
If the RPIE addendum is required, it must be attached or
Rules based on assessed value relating to accountant
filed separately with the Department of Finance.
certification, supplemental applications and reporting
prior calendar year income are governed by the highest
This schedule may be used to satisfy the RPIE filing
assessment in the group.
requirement in relation to the 2000/01 assessment.
Otherwise, compliance is satisfied by filing form RPIE
Definitions
with the Department of Finance by September 1, 2000.
Related persons. When used in this form the word
person includes a corporation or other business entity.
RPIE filings with the Department of Finance are
Related persons include individuals related by blood,
confidential.
marriage or adoption, individuals and the business
entities they control, business entities under common
The Tax Commission application form and all
control, and fiduciaries and the beneficiaries for whom
attachments are subject to public disclosure.
they act.
Where to get additional forms and information.
Floor area.
Where floor area is called for state the
Copies of Tax Commission forms may be obtained from
appropriate gross floor area, if known. If applicant does
our home page at the New York City Web Site, NYC
not have knowledge of the floor area, these questions
Link at
and at
may be left unanswered.
Finance borough assessment offices. If you have
questions about the application procedure write to the
Rent
Department of Finance RPIE requirements.
Tax Commission.
producing properties assessed for more than $80,000
must report income to the Department of Finance for use
Questions about how your assessment was determined
in preparing real property tax assessments. Exclusively
or
general
questions
about
real
property
tax
residential properties with ten or fewer apartments and
assessments should be addressed to the Department of
residential properties with up to six apartments and one
Finance by calling the borough assessment office. See
store are excluded.
Form TC600 for telephone numbers and addresses.
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