Summary of 2025 corporation tax and personal income tax changes
Alternative fuels and electric vehicle recharging property credit (Articles 9, 9-A and 22)
Brownfield tax credits (Articles 9, 9-A, 22 and 33)
Central Business District toll tax credit (Article 22)
Clean heating fuel credit (Articles 9-A and 22)
Credit for employment of persons with disabilities (Articles 9-A and 22)
Empire State child credit (Article 22)
Empire State digital gaming media production credit (Articles 9-A and 22)
Empire State film post-production credit (Articles 9-A and 22)
Empire State film production credit (Articles 9-A and 22)
Empire State independent film production credit (Articles 9-A and 22)
Empire State jobs retention program credit (Articles 9-A, 22 and 33)
Empire State musical and theatrical production credit (Articles 9-A and 22)
Employee training incentive program (Articles 9-A and 22)
Excelsior jobs program (Articles 9-A, 22 and 33)
Farm employer overtime credit (Articles 9-A and 22)
Farm workforce retention credit (Articles 9-A and 22)
Geothermal energy system credit (Article 22)
Hire a veteran credit (Articles 9-A, 22 and 33)
Institutional real estate investor modifications (Articles 9-A, 22 and 33)
Low-income housing credit (Articles 9-A, 22 and 33)
Mandatory first installment (MFI) and estimated tax threshold increase (Article 9-A)
Metropolitan commuter transportation mobility tax (MCTMT) employers (Article 23)
New York City income tax elimination credit (Article 30)
New York City musical and theatrical production credit (Articles 9-A and 22)
Newspaper and broadcast media jobs program (Articles 9-A and 22)
Organ donation credit (Article 22)
Real property tax credit simplification (Article 22)
Reporting of federal audit changes under the Bipartisan Budget Act of 2015 (Articles 9-A, 22, 30 and 33)
Semiconductor tax credits (Articles 9-A and 22)
Workers with disabilities tax credit (Articles 9-A and 22)