State Agencies Bulletin No. 223

Subject
Changes in New York City Resident Withholding Taxes
Date Issued
December 22, 2000

Purpose

To advise agencies of changes in the New York City Resident withholding taxes. The withholding rates for New York City Residents have been reduced. The withholding rates for supplemental payments for New York City Residents have also been reduced.

Affected Employees

State employees who LIVE in the five boroughs of New York City.

Effective Date

These changes are effective with the Administration checks dated January 3, 2001 and Institution checks dated January 11, 2001.

Questions

The revised NYS Tax Booklet (NYS-50) can be obtained from the Department of Taxation and Finance by calling 1-800-462-8100 or visit their web site at www.tax.state.ny.gov to view this publication.

Questions regarding this bulletin may be directed to the Payroll Deductions mailbox.