Excelsior Jobs Program Tax Credit: Beginning Calendar Year 2012

Name: Excelsior Jobs Program Tax Credit: Beginning Calendar Year 2012
Creator: New York State Department of Taxation and Finance
Published: 2017-05-23T16:36:07

Chapter 59 of the Laws of 2010 requires the Tax Department to produce an Excelsior Jobs Program Credit Report by June 30th of each year. The program is administered by Empire State Development and offers a tax credit comprised of four credit components focused on certain strategic industries such as biotechnology, pharmaceutical, high-tech, clean-technology, green technology, financial services, agriculture, manufacturing and life sciences. The components of the credit are the jobs tax credit, the investment tax credit, the research and development tax credit, and the real property tax credit. Firms in the strategic industries that create and maintain new jobs or make significant investments are eligible to apply for the credit.

Querying over HTTP

Splitgraph serves as an HTTP API that lets you run SQL queries directly on this data to power Web applications. For example:

curl https://data.splitgraph.com/sql/query/ddn \
    -H "Content-Type: application/json" \
    -d@-<<EOF
{"sql": "
    SELECT *
    FROM \"ny-gov/excelsior-jobs-program-tax-credit-beginning-huva-pmc4\".\"excelsior_jobs_program_tax_credit_beginning\"
    LIMIT 100 
"}
EOF

See the Splitgraph documentation for more information.

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excelsior_jobs_program_tax_credit_beginning

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DisclaimersLimitationsInformation in the report is based on the information filed with the Department during the previous calendar year, to the extent that it is practicable to use the information. The mandate requires the Department to include the name of each taxpayer claiming the Excelsior tax credit, the amount of each credit component earned by the taxpayer, and any other information received regarding the credit which the commissioner deems useful in evaluating the use of the credit. In instances where the credit is earned by a pass-through entity such as a limited liability company (LLC), a partnership, or an S corporation, information will only be reported for the entity. Names of individual members of the LLC, partners, or S corp shareholders will not be reported. Because the credit is fully refundable, the amount of credit earned is equal to the impact on the state financial plan. Data for the report come directly from returns filed in the previous calendar year. Therefore, several caveats are in order: 1. The data appear exactly as reported by the taxpayer. No validations or error corrections were performed by the Department. 2. Likewise, the information represents the taxpayer’s position on the return as filed and does not reflect any adjustments made either during return processing or in the course of an audit. 3. Reporting is limited to the entity earning credit as determined by the credit forms filed with the tax return. 4. The actual amount of credit claimed during the period covered by this report may exceed what is reported here. This can occur if recipients of credit from pass-through entities file returns claiming credit, but the entity has not yet filed a return. 5. The report covers returns received by the Tax Department in a calendar year, which generally includes returns for the prior year. However, as a result of statutorily-permitted filing extensions and differing fiscal years, some returns for a certain tax year may take up to three years to be filed.

Dataset SummaryCoverageStatewideGranularityTaxpayerTime PeriodBeginning Calendar Year 2012OrganizationOffice of Tax Policy AnalysisDataset OwnerNew York State Department of Taxation and FinancePosting FrequencyAnnuallyContact InformationOTPA.OpenNYData@tax.ny.gov

Dataset InformationAgencyTaxation and Finance, Department of

Additional ResourcesSee Alsohttps://www.tax.ny.gov/pit/credits/excelsior.htmSee Also-https://esd.ny.gov/excelsior-jobs-program

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Excelsior Jobs Program Tax Credit: Beginning Calendar Year 2012

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