Important Publications and Notices
The 2008 Form CT-222, Underpayment of Estimated Tax by a Corporation, has been
significantly revised in both design and function. Prior to the revisions, corporations that did not
timely and fully pay their estimated tax installments were required to use Form CT-222 to
compute and pay any applicable underpayment of estimated tax penalty and to attach the form to
their tax return.
Repairs to concrete basement walls which stop and prevent water leaks are services subject to the sales tax imposed under section 1105(c)(5) of the Tax Law.
Annual fees paid for an individual's affiliate membership in the Transportation Research Board are not subject to the sales tax imposed under section 1105 of the Tax Law.
Insurance claim submission services performed electronically and invoice billing services are not subject to the sales and use tax.
Computer programs providing business forms, tax returns, and calculation tools for completing the forms and returns are prewritten software subject to sales and use tax under section 1105(a) of the Tax Law. Computers used to create such programs may qualify for the exemption provided in section 1115(a)(35) of the Tax Law for computer hardware used in the design and development of software for sale.
