Summary
Credit for job retention in businesses located in federally-declared disaster areas (e.g., Hurricane Sandy, other natural disasters). Eligibility window is time-bounded to the disaster-declaration lookback period.
Benefit
- Percentage
- —
- Flat
- —
- Duration
- —
- Max annual
- — (taxpayer)
- Max total
- — (taxpayer)
- Carryforward
- —
Program metadata
- Distribution
- taxpayer_earned
- Claimant subject
- business
- Refund/transfer election
- —
- Program family
- —
- Effective
- —
- Sunset
- —
- Application deadline
- —
- Transfer discount
- —
Hard requirements (0)
None.
Preference / tiering rules (0)
None.
NAICS industries (0)
Any.
Geo zones (1)
- performance_designation — · Federally-declared disaster area (lookback window applies)
Tags (3)
- clawback_provision: true
- disaster_area_required: true
- source_ref: NY Tax Law § 36
Tax bases
- corporate_income_taxprimary
- personal_income_tax