New York A05496 amends the tax law to change the deadline for cannabis product distributors to file tax returns.
New York A05496 amends the tax law to adjust the timeframe for distributors of cannabis products to file tax returns. Distributors must now file electronically with the commissioner within 50 days after each quarterly period ending on the last day of February, May, August, and November. This change updates the previous deadline of the 20th day of the following month. The bill takes effect immediately upon enactment.
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