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Article 9-A—Franchise tax on general business corporations

Information on this page relates to a tax year that began on or after January 1, 2021, and before January 1, 2022.

You must file and pay the franchise tax on general business corporations if:

  • you are a domestic corporation (incorporated in New York State); or
  • you are a foreign corporation (incorporated outside New York State) that does business, employs capital, owns or leases property, maintains an office, or derives receipts from activity, in New York State; or
  • you are a foreign corporation that is a general partner in a partnership that does business, employs capital, owns or leases property, maintains an office, or derives receipts from activity, in New York State; or
  • you are a foreign corporation that is a limited partner in a partnership that does business, employs capital, owns or leases property, maintains an office, or derives receipts from activity, in New York State and you are engaged directly or indirectly, in the participation or in the domination or control of all or any portion of the business activities or affairs of the partnership.

When considering the last 2 bullets above, an LLC or LLP that is treated as a partnership for federal income tax purposes will be treated as a partnership for New York State tax purposes. Corporations engaged in a unitary business with another corporation(s) should see Form CT-3-A-I, page 4, “Who must file a combined return” for information concerning the combined return filing requirements.

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