New York Tax Clearance Certificates

Certificates of tax clearance are required for a variety of business activities, ranging from reinstating or dissolving an entity to applying for a loan or a tax incentive. See the table below for information on obtaining a tax clearance certificate in New York.

Tax Clearance for Corporations:

Agency:New York State Department of Taxation and Finance
Agency Fee:

$0

Turnaround:

1-2 months if no tax due

Notes:

Domestic and foreign corporations either dissolving/withdrawing/reinstating need written consent from NY State Dept of Taxation and Finance, which is provided when filing final tax return for state of NY.

Tax Clearance for Limited Liability Companies:

Not required



Tax Clearance for Nonprofit Corporations:

Agency:New York State Department of Taxation and Finance
Form:

Form CT-247: Application for Exemption from Corporation Franchise Taxes by a Not-for-Profit Organization

Agency Fee:

$30

Turnaround:

1-2 months

Notes:

Nonprofit organizations seeking to dissolve their entity typically need to file an application for exemption, their federal tax exemption approval letter, and a letter requesting dissolution. Upon receiving these documents, the department will issue a consent to dissolution.

Revised February 28, 2020. Complete data last reviewed February 28, 2020.
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