New York State Department of Taxation and Finance
Encyclopedia
The New York State Department of Taxation and Finance (NYSDTF) is a core agency of the US
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...

 state of New York
New York
New York is a state in the Northeastern region of the United States. It is the nation's third most populous state. New York is bordered by New Jersey and Pennsylvania to the south, and by Connecticut, Massachusetts and Vermont to the east...

. It is headquartered in Building 8/8A at the W. Averell Harriman State Office Building Campus
W. Averell Harriman State Office Building Campus
The W. Averell Harriman State Office Building Campus is an office park in western Albany, New York, United States that houses sixteen New York State Government office buildings. The land totals roughly and over 3 million square feet of office space, and about 7,000 state employees work there...

 in Albany
Albany, New York
Albany is the capital city of the U.S. state of New York, the seat of Albany County, and the central city of New York's Capital District. Roughly north of New York City, Albany sits on the west bank of the Hudson River, about south of its confluence with the Mohawk River...

.

The agency is responsible for handling all tax
Tax
To tax is to impose a financial charge or other levy upon a taxpayer by a state or the functional equivalent of a state such that failure to pay is punishable by law. Taxes are also imposed by many subnational entities...

 forms and publications. The NYSDTF is also in charge of dispersing tax revenue
Tax revenue
Tax revenue is the income that is gained by governments through taxation.Just as there are different types of tax, the form in which tax revenue is collected also differs; furthermore, the agency that collects the tax may not be part of central government, but may be an alternative third-party...

to other agencies and counties within New York State.

The NYSDTF has strict organizational rules set up by the state's Public Officer Law. In addition to obeying the Public Officer Law, every current employee of the tax department must have their taxes filed and paid otherwise employment will be terminated. Public Officer laws are a set of guidelines which were created for all public employees (state employees) to follow.

The tax department was formally created on January 1, 1927 but the first signs of the department reared their head in 1859. The original intent was to find a way (mathematical formula) to distribute tax revenue to individual counties in New York State.

External links

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