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The New York State Department of Taxation and Finance (NYSDTF) is the department of the New York state government responsible for taxation and revenue, including handling all tax forms and publications, and dispersing tax revenue to other agencies and counties within New York State.
The Department of Finance (DOF) collects more than $33.2 billion in revenue for the City and values more than one million properties worth a total market value of $988 billion. In addition, DOF also: Records property-related documents. Administers exemption and abatement programs.
The New York State Office of Tax Enforcement (OTE) is a law enforcement entity of the New York State Department of Taxation and Finance (DTF) that conducts criminal and civil investigations.
New York. Homeowners in New York state are eligible for up to $1,050 in property-tax rebates as part of a statewide stimulus program, while New York City households get an average of $425.
In the government of New York City, the heads of about 50 city departments are appointed by the mayor, who also appoints several deputy mayors to oversee entire city agencies and handle specific tasks and projects within their designated portfolios.
The economy of New York City encompasses the largest municipal and regional economy in the United States. In 2022, the New York metropolitan area generated a gross metropolitan product (GMP) of US$1.4trillion, with a population of 23.6 million people.
A payment in lieu of taxes (usually abbreviated as PILOT, or sometimes as PILT) is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property.
The Internal Revenue Service (IRS) is the revenue service for the United States federal government, which is responsible for collecting U.S. federal taxes and administering the Internal Revenue Code, the main body of the federal statutory tax law.
Tax Commissioner of New York can refer either to the Tax Commissioner of New York City, or the Tax Commissioner of New York State. Tax Commissioner of New York City [ edit ] The Tax Commission of New York City reviews property tax assessments that are set by the New York City Department of Finance .
The economy of the State of New York is reflected in its gross state product in 2022 of $2.053 trillion, ranking third in size behind the larger states of California and Texas. If New York State were an independent nation, it would rank as the 10th largest economy in the world by nominal GDP.