WTC Records Folder 0124 Clippings label, Sept 2001

NYC 9/11 Public Portal Document

GCT, UBT and Bank Tax taxpayers who cannot make installment payments of estimated tax required to he made on September 17, October 15, or November 15, 2001, may make such installment payments on or before December 17, 2001. Taxpayers making any such payment on or before December 17, 2001 will be deemed to have made such payments on the original due date and will not be subject to penalties.

Interest at the appropriate underpayment rate must be paid on all tax payments received after the original due date calculated from the original due date to the date of payment.

Commercial Rent or Occupancy Tax

The first quarterly Commercial Rent or Occupancy Tax ("CRT") returns are due September 20, 2001. Taxpayers who are unable to file their first quarterly CRT returns on that date due to the disaster may file and pay any tax due on or before December 20, 2001, the due date for the second quarterly CRT return. Interest must be paid on any payment of CRT made after the original due date calculated from the original due date to the date of payment. The first and second quarterly CRT returns must be filed on separate quarterly return forms, NYC-CR-Q, for each quarter.

Cigarette Tax, Utility Tax and Hotel Room Occupancy Tax

Taxpayers whose monthly or quarterly Cigarette Tax returns and payments are due in September, October, or November, 2001 and who are unable to file on those dates may file and pay any tax due on or before December 17, 2001 and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

Taxpayers whose monthly or quarterly Hotel Room Occupancy Tax returns and payments are due in September, October, or November, 2001 and who are unable to file on those dates may file and pay any tax due on or before December 20, 2001 and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

Taxpayers whose monthly or quarterly Utility Tax returns and payments are due in September, October, or November, 2001 and who are unable to file on those dates may file and pay any tax due on or before December 26, 2001 and such late filing and payment will be considered due to reasonable cause so that late filing or late payment penalties will not be imposed.

Interest at the appropriate underpayment rate must be paid on all tax payments received after the original due date calculated from that original due date to the date of payment.

All Other Taxes

Abatements of penalties on all other late filings of returns not covered by this announcement will be handled on a case-by-case basis.

Returns

Returns, extensions, declarations of estimated tax filed under this announcement should be marked "World Trade Center" on the top center of the first page. Taxpayers must include an explanation of how the disaster adversely affected their ability to meet their filing and payment obligations.

NYC-WTC 000137203