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    Is real estate exempt from NYC UBT?

    Individuals meeting the safe-harbor requirements will not be subject to the UBT with respect to their activities as real estate salespeople or associate brokers. Similarly, Is rental income subject to NYC UBT? Is Rental Income Subject To Nyc Ubt? Businesses most often operate in New York City are subject to the GCT, but certain activities, […] More

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    Who is subject to NYC UBT tax?

    The Unincorporated Business Tax (UBT) is imposed on any individual or unincorporated entity that is carrying on or currently liquidating a trade, business, profession, or occupation within New York City. Similarly, Is NYC UBT tax deductible? The amount of credit allowed to a New York City resident or part-year resident with city taxable income of […] More