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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. 653.5. Interest due where New York State maintains an action to enforce payment of taxes
Latest version.
- Tax Law, § 266In cases where New York State recovers a judgment for the taxes described in Part 642 of this Title, interest at the rate of one per centum per month, based upon the amount of such taxes awarded by the court, is due. The interest shall be computed from the date on which the taxes awarded became due and payable.