New York: corporate income tax, franchise tax unconfirmed and an annual report due every two years.
Each fact below cites the agency page we read and the day we read it. Where a rule is still being confirmed, the page says so instead of showing a zero.
Verified facts
Corporate income tax
Yes
7.25%
Franchise or privilege
Not verified
Article 9-A franchise tax on general business corporations (the income-based tax is this franchise tax, not a separate income tax)
Not verifiedEntity annual report
Yes
biennial · Biennial Statement filed every two years during the calendar month in which the Certificate of Incorporation or Application for Authority was filed; $9 fee
Return due date
Published rule
April 15 for calendar-year filers; 3 1/2 months after the end of the reporting period for fiscal years
Extension
Not verified
Not verifiedZero activity / minimum tax
25
Fixed dollar minimum starts at $25 for New York receipts of $100,000 or less and reaches $200,000 above $1 billion. A domestic corporation that has ceased all activity may be exempt from the minimum…
Long-form guide in professional review
Dates, extensions and payments
Filing and payment dates stay separate wherever the source supports it.
- Filing
Return filing
April 15 for calendar-year filers; 3 1/2 months after the end of the reporting period for fiscal years
Within 3 1/2 months after the end of the reporting period; next business day if the date falls on a Saturday, Sunday or legal holiday
- Entity report
Entity report
biennialBiennial Statement filed every two years during the calendar month in which the Certificate of Incorporation or Application for Authority was filed; $9 fee
New York does not require an annual report to the Department of State; the requirement is the biennial statement.
Email me the New York guide
We send you this page with its sources, and we tell you if a date changes.
Frequently asked questions
Does New York impose a corporate income tax?
Yes. 7.25%
When is the New York corporate return due?
April 15 for calendar-year filers; 3 1/2 months after the end of the reporting period for fiscal years
Does an extension also postpone the tax payment?
No. The extension moves the filing date, not the payment date; unpaid tax can accrue penalty and interest.
Related states
Chosen because their corporate filing profile matches this one.
Browse all 51 states and D.C.