2003 LEGISLATIVE PROGRAM
TAXATION
Following is The Business Council's 2003 Legislative Program. It identifies priority issues to be addressed by the Committees and Councils during 2003.
Corporate
Article 9-A Tax
Support
- Elimination
of the increase in Article 9-A taxation -- occurring when jobs are located
in New York--through adoption of a "single sales factor" method for
apportionment of taxable income.
- Reduction of the Minimum Income Tax to 0%.
- If current
apportionment method remains, then exclusion of Research and Development
and Manufacturing wages from the payroll factor component.
- Clarify that receipts for advertising appearing in magazines and periodicals are receipts from the sale of tangible personal property for City of New York tax purposes.
Articles
21, 32, and 33 Tax
Support
- Reduction of the Highway Use Tax (ton mileage tax) by another 25% of its pre-1998 level and conversion of the remaining tax into a 50% increase in registration fees for trucks subject to the Highway Use Tax.
- Extension of the Investment Tax Credit to leased equipment and to insurance operations.
- Establishment of permanency in Article 32 and 33 ITC law.
Telecommunications
Tax Reductions
Support
- Reduction
of Section 186-e Telecommunications Utility Gross Receipts Tax to the
lowest level possible.
- Removal
of all telecommunications services from taxation under the Gross Earnings
Tax (Section 184).
- Increased
investment in New York by modernization of the Sales and Use Tax exemption
on telecommunications equipment (Section 1115 Subdivision 12) to include
ancillary equipment used in the provision of telecommunication services.
- Elimination of the §186-a Gross Receipts Tax on other income of telecommunication utilities.
Administrative
and Miscellaneous Tax
Support
- Encouragement
of the Administration and Legislature to seek a frame-work that would
help alleviate the tax evasion problem with Native American tribes who
sell gasoline, cigarettes, other goods, and services, tax-free to non-Native
Americans.
- Reduction
of the Alcoholic Beverage Tax twelve cents per liter on liquors with
less than 24% alcohol and thirty cents per liter on liquors with greater
than 24% alcohol.
- Reduction of the Alcoholic Beverage Tax on beer by twenty-four cents per gallon.
Real
Property Tax
Support
- Adoption
of a Tax Appeals Division as the trial court for Article 7 certiorari
proceedings.
- Establishment
of escrow payments of Article 7 disputed tax liability.
- Permission
for the calling of the assessor for testimony in an Article 7 certiorari
proceeding.
- Increase
of the appeal period from 30 to 60 or 90 days.
- Limitation of the discrimination between "homestead" and non-"homestead" rates to 25% and a five-year "grandfather" phase-out for jurisdictions currently exceeding 25%.
Sales
and Use Tax
Support
- Exemption
of utilities needed to maintain controlled manufacturing and research
& development environments.
- Exemption
of materials transferred in the rendition of advertising services.
- Exemption
of any portion of integrated hazardous waste removal, treatment, disposition,
transportation, or similar services.
- Exemption
of equipment or machinery used to reduce or control pollution from manufacturing
and industrial facilities.
- Exemption of the "installation, maintenance, or repair" services on research and development equipment.
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The
Business Council of New York State, Inc.
152
Washington Avenue | Albany,
New York 12210-2289 | 518-465-7511