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This entry was published on 2018-01-05
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SECTION 192
Reports of corporations
Tax (TAX) CHAPTER 60, ARTICLE 9
§ 192. Reports of corporations. Corporations liable to pay a tax under
this article shall report as follows:

1. Corporations paying franchise tax. Every corporation, association
or joint-stock company liable to pay a tax under section one hundred
eighty-three of this chapter shall, on or before March fifteenth in each
year, for taxable years beginning before January first, two thousand
seventeen, and on or before April fifteenth in each year, for taxable
years beginning on or after January first, two thousand seventeen, make
a written report to the commissioner of its condition at the close of
its business on the preceding December thirty-first, stating the amount
of its authorized capital stock, the amount of stock paid in, the date
and rate per centum of each dividend paid by it during the year ending
with such day, the entire amount of the capital of such corporation, and
the capital employed by it in this state during such year.

2. Transportation and transmission corporations. Every transportation
or transmission corporation, joint-stock company or association liable
to pay an additional franchise tax under section one hundred eighty-four
of this chapter, shall also, on or before March fifteenth of each year,
make a written report to the commissioner of the amount of its gross
earnings subject to the tax imposed by said section for the year ended
on the preceding December thirty-first, for taxable years beginning
before January first, two thousand sixteen, except that the year ended
on December thirty-first, nineteen hundred seventy-six shall be deemed,
for the purposes of this subdivision, to have commenced on July first,
nineteen hundred seventy-six, and shall also, on or before April
fifteenth of each year, make a written report to the commissioner of the
amount of its gross earnings subject to the tax imposed by said section
for the year ended on the preceding December thirty-first, for taxable
years beginning on or after January first, two thousand sixteen. Any
such corporation, joint-stock company or association which ceases to be
subject to the tax imposed by section one hundred eighty-four of this
chapter by reason of a liquidation, dissolution, merger or consolidation
with any other corporation, or any other cause, shall, on the date of
such cessation or at such other time as the commissioner may require,
make a written report to the commissioner of the amount of its gross
earnings subject to the tax imposed by section one hundred eighty-four
of this chapter for any period for which no report was theretofore
filed. Any corporation, joint-stock company or association subject to a
tax upon dividends under said section one hundred eighty-four of this
chapter shall also include in its report under this subdivision required
to be filed a statement of the authorized capital of the company, the
amount of capital stock issued, and the amount of dividends of every
nature paid during the year ended on the preceding December
thirty-first. As to tax payers subject to such tax upon dividends under
said section one hundred eighty-four of this chapter, the year ended on
December thirty-first, nineteen hundred seventy-six shall be deemed, for
the purposes of this subdivision, to have commenced on July first,
nineteen hundred seventy-six.

4. Insurance corporations. (a) Except as hereinafter provided in
paragraph (b), every insurance corporation liable to pay a tax under
section one hundred eighty-seven of this chapter shall, on or before
March first, June first, September first and December first in each
year, make a written report to the tax commission and to the
superintendent of financial services covering the quarter year ending on
the last day of the third month preceding that in which the report is
required to be filed, in such form and containing such information as
the tax commission may deem necessary for the determination of the tax
due for each such quarter year. There shall also be filed with the tax
commission and with the superintendent of financial services, on or
before March fifteenth of each year, a statement which will reconcile
the net taxable premiums shown in the quarterly reports, made pursuant
to this section, for the preceding calendar year, with the total gross
and net premiums shown in the annual statement of the insurance
corporation filed with said superintendent of financial services for
such year pursuant to section three hundred seven of the insurance law.

(b) Every insurance corporation liable to pay a tax under subdivisions
six and eight of section one hundred eighty-seven of this chapter shall,
on or before the fifteenth day of March, make and file a written report
with the tax commission and with the superintendent of financial
services, covering the preceding calendar year, in such form and
containing such information as the tax commission may deem necessary for
the determination of the tax imposed by said subdivisions, and such
calendar year shall be deemed the taxable year within the meaning of
this section and of said subdivisions, provided, however that insurance
corporations liable to pay tax under subdivision eight of section one
hundred eighty-seven shall be required to make the reports required
herein only on the fifteenth day of March in the years nineteen hundred
sixty-five through and including nineteen hundred seventy-six.

5. Notwithstanding the provisions of section two hundred two of this
article, the commissioner shall provide the statements and other
required information requested on tax reports under section four hundred
eight of the business corporation law to the secretary of state for
filing. Such provision may also include a copy or image of that portion
of the report solely pertinent to such information to the extent
feasible. The commissioner may also provide information on
noncompliance.