New York State Corporate Tax Credits by Size of Credit Used: Beginning Tax Year 2001

data.ny.gov | Last Updated 7 Aug 2018

The Department of Taxation and Finance annually produces a mandated dataset of credit activity under the General Business Corporation Franchise Tax (Article 9‐A) to help analyze the effects of the claims. The data used to generate this report come from an annual study file based on the latest available data drawn from New York State corporation tax returns. The totals in the summary datasets may not match the detail datasets due to rounding and disclosure requirements. The totals in the summary datasets may not match the detail data due to rounding and disclosure requirements. Total values for numbers of taxpayers and amount of credit, in addition to mean and median credit, were computed using all taxpayers in the study file. A series of datasets presents profiles of the credits distributed by different subgroupings. These include: • Summarization of tax credit activity by credit and component • Summarization of tax credit activity by credit, component and basis of taxation. • Summarization of tax credit activity by credit, component and NAICS industry description. • Summarization of tax credit activity by credit, component and the size of the credit used. • Summarization of tax credit activity by credit, component and the size of the entire net income of the taxpayer. Secrecy provisions preclude providing all subgroupings for all credits and also generally require the omission of credit refund data. These datasets only contains data for corporate franchise taxpayers filing under Article 9-A. It does not include statistics for taxpayers filing as banks under Article 32 (however, starting in 2015 banks and general business corporations will file under the same tax article, Article 9A), insurance companies filing under Article 33, or taxpayers filing under any of the various sections of Article 9. Nor does it provide data for taxpayers claiming credits under Article 22, the Personal Income Tax. These taxpayers claim credit by virtue of being sole proprietors or as recipients of credit that originated with flow-through entities (i.e., S corporations, limited liability companies, or partnerships).

Tags: credits, article 9‐a, general business corporation franchise tax credits

This dataset has the following 13 columns:

Column NameAPI Column NameData TypeDescriptionSample Values
Tax Yeartax_yearnumberTax year of the credit claim; typically the year preceding the calendar year, although extensions and fiscal years may result in a longer interval.
Tax Articletax_articletextThe dataset only contains data for corporate franchise taxpayers filing under Article 9-A of the Tax Law. It does not include statistics for taxpayers filing as banks under Article 32*, insurance companies filing under Article 33, or taxpayers filing under any of the various sections of Article 9. Nor does it provide data for taxpayers claiming credits under Article 22, the Personal Income Tax. *Starting in 2015, banks and general business corporations file under the same tax article – (Article 9-A).
Credit Typecredit_typetextProfile of credit values consisting of the components credit earned, claimed, used and carried forward. Credit earned is the amount of credit generated in the current tax year. Credit claimed is the amount of credit that taxpayers have available to use and refund during the taxable year. Credit used is the amount of credit that taxpayers actually apply to their tax liability. Credit refunded is unused credit amounts requested as a refund or applied against the next period’s liability. Credit carried forward is any unused amount of credit that is allowed to offset tax liability in future years.
Credit Namecredit_nametextName of the credit. For a list of credits with detailed credit information and expiration dates, see the link to Article 9-A credit provisions, under Additional Resources.
Used Groupused_grouptextDistribution of the credit by the size of credit used in $ amounts.
NotesnotestextDisclosure identifies whether the data in columns have a value, but is not reported. d/ - Tax Law secrecy provisions prohibit the disclosure of data for instances of less than three taxpayers. 1/ - The provisions of this credit do not allow a carryforward of excess credit. Therefore, the credit earned is the same as credit claimed.
Number of Taxpayersnumber_of_taxpayersnumberNumber of taxpayers taking the credit.
Amount of Creditamount_of_creditnumberThe amount of the credit generated, claimed, used, refunded, or carried forward in the tax year based on the credit type.
Percent of Creditpercent_of_creditnumberPercentage of the amount of credit by the size of credit used within each credit type.
Median Amount of Creditmedian_amount_of_creditnumberThe central value representing an equal number of credit values above and below it.
Mean Amount of Creditmean_amount_of_creditnumberAverage amount of credit in a given category.
Group Sort Ordergroup_sort_ordernumberIndicator to sort by used group.
Credit Type Sort Ordercredit_type_sort_ordernumberIndicator to sort the credit type.