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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 20. Department of Taxation and Finance |
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Chapter IV. Sales and Use and Other Miscellaneous Taxes |
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Subchapter D. Mortgage Recording Taxes |
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Part 653. Interest and Penalties |
Sec. 653.4. Interest due where a trust mortgage maintains an action to recover taxes paid by him
Latest version.
- Tax Law, § 267A trust mortgagee maintaining an action described at section 652.3(c)(2)(iii) of this Title shall be entitled to the interest at the rate of six per centum per annum, based on the amount of taxes paid by him, until such amount is repaid to such trust mortgagee.