Legislation
SECTION 15-101
Net state tax
Yonkers Income Tax Surcharge (YTS) CHAPTER ROOT, ARTICLE 9
§ 15-101. Net state tax.
The net state tax of a City of Yonkers resident individual, estate or
trust shall mean the sum of all of the taxes imposed on such individual,
estate or trust under Article 22 of the New York State Tax Law for the
taxable year, less the applicable credits (other than the credit for tax
withheld) allowed to such individual, estate or trust under said Article
22 for the taxable year.
The net state tax of a City of Yonkers resident individual, estate or
trust shall mean the sum of all of the taxes imposed on such individual,
estate or trust under Article 22 of the New York State Tax Law for the
taxable year, less the applicable credits (other than the credit for tax
withheld) allowed to such individual, estate or trust under said Article
22 for the taxable year.