New York Mansion Tax. 888-681-9777. IncSmart Breaking News. New York Small Business. Incorporate in New York.
IncSmart New York (Small Business and Startups) - New York Mansion Tax gets moved along with the State Senate Democrats while looking around for more income to overhaul a crumbling mass transit system. The new law imposes the bill on buyers but with the real estate sluggish in New York, it will more than likely be paid for by the sellers. Luxury homes are down 25% and the inventory is growing.