602 - Minimum income tax. - New York Statutes

§ 602. Minimum income tax. (a) In addition to any other tax imposed by this article, a tax determined in accordance with the rate set forth in subsection (b) of this section is hereby imposed for each taxable year on the New York minimum taxable income of every individual, estate or trust. The provisions of subsections (f), (g), and (h) of section six hundred one shall also apply for purposes of this tax. (b) The tax imposed by this section on New York minimum taxable income, as defined in section six hundred twenty-two or section six hundred thirty-six, as the case may be, shall be at the rate of six percent.