106.5 Credit for taxicabs and livery service vehicles accessible by individuals with disabilities.

(a) General. As provided in section 606(oo) of the Tax Law, a taxpayer that provides a taxicab or livery service in New York State in accordance with required licenses or permits issued by a local authority and the New York State Department of Motor Vehicles that incurred an incremental cost associated with the purchase of a vehicle accessible by individuals with disabilities or the conversion of a motor vehicle to a vehicle accessible by individuals with disabilities that is used in providing such service is allowed to claim a credit for taxicabs and livery service vehicles accessible by individuals with disabilities against the tax imposed by article 22 of the Tax Law. The provisions of Subpart 5-5 of this Title addressing the credit for taxicabs and livery service vehicles accessible by individuals with disabilities against the tax imposed by article 9-A are applicable to the credit for taxicabs and livery service vehicles accessible by individuals with disabilities allowed by section 606(oo) of the Tax Law.