S953 — Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income

S953 — Raises the tax rate on corporate income; increases the state conformity to federal taxation of corporate profit shifting; and imposes an additional tax on individual business income · Informed CitizenryThis bill proposes to increase New York State corporate income taxes and adjust state tax conformity with federal rules regarding corporate profit shifting. Specifically, it seeks to: 1) reduce the…Open in Informed Citizenry