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New York Increases MTA Surcharge for 2018 – Tax & Accounting Blog

The New York Metropolitan Commuter Transportation District (MTA) surcharge rate will increase from 28.3% to 28.6% for tax year 2018. The rate will remain the same in later tax years, unless the Commissioner of Taxation and Finance establishes a new rate.

There is no 2018 change in the thresholds for when corporations are deriving receipts from activity in the district. This is because the Consumer Price Index has not changed by 10% or more since January 1, 2015.

TSB-M-17(4)C, New York Department of Taxation and Finance, December 4, 2017, ¶409-167

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Author: CCHTaxGroup

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