This version of the form is not currently in use and is provided for reference only. Download this version of Form NYC-2.5A for the current year.
This is a legal form that was released by the New York City Department of Finance - a government authority operating within New York City. Check the official instructions before completing and submitting the form.
Q: What is NYC-2.5A?
A: NYC-2.5A is a form used to compute the Receipts Factor for businesses in New York City.
Q: What is the Receipts Factor?
A: The Receipts Factor is a calculation used to determine the portion of a business's receipts subject to tax in New York City.
Q: Who needs to file NYC-2.5A?
A: Businesses operating in New York City need to file NYC-2.5A to compute their Receipts Factor.
Q: How is the Receipts Factor calculated?
A: The Receipts Factor is calculated by dividing a business's receipts sourced to New York City by its total receipts.
Q: What are sourced receipts?
A: Sourced receipts are the receipts attributable to the business's activities in New York City.
Q: What are total receipts?
A: Total receipts are the business's worldwide gross receipts.
Q: Are there any exemptions or exclusions for the Receipts Factor?
A: Yes, there are certain exemptions and exclusions available for certain types of business receipts.
Q: When is the deadline for filing NYC-2.5A?
A: The deadline for filing NYC-2.5A is typically on or before the due date of the business's tax return.
Form Details:
Download a printable version of Form NYC-2.5A by clicking the link below or browse more documents and templates provided by the New York City Department of Finance.