Looking for a New York City Department Of Finance Forms And Templates? Download it for free!

Instructions for For m NYC-UXP

NEW YORK CITY DEPARTMENT OF FINANCE

IMPORTANT INFORMATION CONCERNING FORM NYC-200V AND PAYMENT OF TAX DUE

Department of Finance

Payments may be made on the NYC Department of Finance website at

, or via check or money order. If paying with check or money order, do not

nyc.gov/eservices

include these payments with your New York City return. Checks and money orders must be accompanied by payment voucher form NYC-200V and sent to the address

on the voucher. Form NYC-200V must be postmarked by the return due date to avoid late payment penalties and interest. See form NYC-200V for more information.

limits of NYC. (See first bulleted item under “Gross Income” for a

E N E R A L

N F O R M AT I O N

discussion of what income from mobile telecommunications is

deemed to be from business conducted wholly within the City.)

HIGHLIGHTS OF RECENT LEGISLATION

Enter all other gross income in Schedule B, page 2.

The law was amended in 2009 to provide taxpayers with additional time to

GROSS INCOME

apply for a refund of the Utility Tax. For tax periods beginning on or after

Include on lines 1-7:

January 1, 2009, Utility Tax refunds may be claimed up to three years from

for tax periods beginning on or after August 1, 2002, include in

the time the return is filed or two years from the time the tax is paid, the

Gross Income reported on Schedule A, 84 percent of ALL charges

same as the period applying to refunds of General Corporation Tax, Busi-

for mobile telecommunications services to customers where the

ness Corporation Tax, the Unincorporated Business Tax, and the Bank Tax.

place of primary use of the customer is in the City. Such receipts

Administrative Code section 11-1108(a), as amended by Chapter 201 of the

are deemed to be derived from business conducted wholly within

Laws of 2009, section 35.

the City. See, Ad. Code §11-1102(c) as amended. For this purpose,

"place of primary use" has the same meaning as in the Federal Mo-

Beginning January 1, 2006, metered sales of energy to tenants of certain co-

bile Telecommunications Sourcing Act of 2000. See, Ad. Code

operative housing corporations are exempted from the City utility tax. The

§11-1101(20) as amended.

exemption applies to cooperative corporations with at least 1,500 apartments

that own or operate a cogeneration facility that was in place before January

all receipts from any sale made, including receipts from the sales of

1, 2004 (or that replaces such a facility), and that make metered sales of the

residuals and by-products (except sale of real property, securities and

energy produced for the development’s tenants or occupants. See Ad. Code

noninventoriable personal property) or service rendered in the City,

§§11-1101.25, 11-1101.26 and 11-1102(g). A return must still be filed by

including cash, credits and property of any kind or nature (whether

the cooperative corporation using a tax rate of zero.

or not the sale is made or the service is rendered for profit) without

any deduction for any cost, expense or discount paid.

For information concerning the Relocation Employment Assistance Pro-

gram (REAP) see the Department of Finance website at:

Include on lines 9-14:

profit from the sale of real property;

Effective for tax periods beginning on and after August 1, 2002, entities

profit from the sale of securities;

that receive eighty percent or more of their gross receipts from charges for

profit from the sale of non-inventoriable personal property;

the provision of mobile telecommunications services to customers will be

taxed as if they were regulated utilities for purposes of the New York City

receipts from interest, dividends and royalties (other than interest

Utility Tax, General Corporation Tax, Business Corporation Tax, Banking

and dividends received from corporations) without deduction for

Corporation Tax and Unincorporated Business Tax. Thus, such entities

any expense; and

will be subject to only the New York City Utility Tax. The amount of gross

gains or profits from any source whatsoever except as specifically

income subject to tax has been amended to conform to the Federal Mobile

excluded below.

Telecommunications Sourcing Act of 2000. In addition, if any such entity

is a partnership, its partners will not be subject to the New York City Util-

Do not include:

ity Tax on their distributive share of the income of any such entity. Finally,

for tax periods beginning on or after August 1, 2002, the taxpayer’s

for tax years beginning on and after August 1, 2002, partners in any such

distributive share, if any, of income, gains, losses and deductions

entity will not be subject to General Corporation Tax, Business Corporation

from any partnership subject to the NYC Utility Tax as a utility or

Tax, Banking Corporation Tax or Unincorporated Business Tax on their

vendor of utility services, including its share of separately reported

distributive share of the income of any such entity. Chapter 93, Part C, of

items. Ad. Code §11-1102(f)(2). (See “UTILITY” defined below.)

the Laws of New York, 2002.

gross income from sales for resale other than sales of gas, electric-

NOTE: There have been substantial changes to the Energy Cost Savings

ity, steam, water or refrigeration or gas, electric, steam, water or re-

Program. For information, call (212) 513-6345.

frigeration service to a vendor of utility services for resale to tenants.

Special Condition Codes

rents, except those derived from facilities used in the public serv-

At the time this form is being published, there are no special condition

ice, modified as provided in Ad. Code §11-1101.4.

codes for tax year 2017. Check the Finance website for updated special

condition codes. If applicable, enter the two character code in the box pro-

SCHEDULE B

vided on the form.

Enter all other income in Schedule B, page 2.

SCHEDULE A -

UTILITY

COMPUTATION OF GROSS INCOME

Every person subject to the supervision of the Department of Public Serv-

Enter in Schedule A that part of gross income, without any deduc-

ice of the State of New York. Effective for tax periods beginning on and

tions, derived from business conducted wholly within the territorial

after August 1, 2002, entities that receive eighty percent or more of their

Form Nyc-Uxp - Return Of Excise Tax By Utilities For Use By Utilities Other Than Railroads, Bus Companies, And Other Common Carriers Page 3

Related Articles

Related forms

Related Categories