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New York policy

A2049: Establishes separate taxes on inheritance income and on gift income

NY Assembly · Sponsor Michaelle C. Solages

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 7, 2026

What it requires

Relates to creating a separate tax on inheritance income, creating a separate tax on gift income, the computation of the estate tax, and creating a gift tax.

ny-stateassemblylegislationbill

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