<p>New York City Finance Department Releases Annual Tax Expenditures Report for Fiscal 2018</p>

New York City Finance Department Releases Annual Tax Expenditures Report for Fiscal 2018

New York City Department of Finance, Tax Policy and Data Analytics Division

The New York City Department of Finance released its annual report on tax expenditures for fiscal 2018, finding that expenditures related to real property tax totaled $6.3 billion, business income and excise tax expenditures were valued at $1.3 billion, and city sales tax expenditures were estimated at $4.6 billion.

Annual Report on Tax Expenditures: Fiscal Year 2018

<p>The New York City Department of Finance released its annual report on tax expenditures for fiscal 2018, finding that expenditures related to real property tax totaled $6.3 billion, business income and excise tax expenditures were valued at $1.3 billion, and city sales tax expenditures were estimated at $4.6 billion.</p>