SIFMA Submits Comments to New York Governor Andrew Cuomo on Corporate Tax Reform

SIFMA submitted comments to New York Governor Andrew Cuomo on tax modernization. In the letter linked below, SIFMA stated that it supports the recommendations of both the New York State Tax Relief Commission and the New York State Tax Reform and Fairness Commission to eliminate the Stock Transfer Tax and merge the Bank Tax (Article 32) into the Corporate Franchise Tax (Article 9-A).

See: SIFMA Letter.See also: New York State Tax Relief Commission Final Report (December 10, 2013); New York State Tax Reform and Fairness Commission Final Report (November 11, 2013).