New York S04661 mandates third-party verification by certified public accountants for applications seeking Empire State film production and.

New York S04661 amends the tax law to require third-party verification by approved certified public accountants for applications to receive Empire State film production and post-production credits. The Department of Economic Development will maintain a list of approved accountants and establish procedures and performance standards. Costs of third-party verification cannot be claimed as an expense for these credits. The act takes effect immediately.

New York S04661 mandates third-party verification by certified public accountants for applications seeking Empire State film production and.

New York S04661 amends the tax law to require third-party verification by approved certified public accountants for applications to receive Empire State film production and post-production credits. The Department of Economic Development will maintain a list of approved accountants and establish procedures and performance standards. Costs of third-party verification cannot be claimed as an expense for these credits. The act takes effect immediately.