Our nyc cpa office advises client s that the New York Department of Taxation and Finance has adopted an emergency corporate franchise tax regulation amendment regarding the MTA surcharge imposed under Tax Law Article 9-A. Specifically, new Reg. Sec. 9-1.2(c) provides that the surcharge will be computed at the rate of 28.3% of the tax imposed under Tax Law Sec. 209 for tax year 2017 (the rate was 28% for tax year 2016). The rate will remain the same in any succeeding tax year, unless a new rate is determined. Please contact our NYC CPA firm for additional details and guidance.