Examples of MCTD in a sentence
Multiply the taxable receipts (Column G) of passenger car rentals within the MCTD by the tax rate indicated.
Multiply the taxable receipts (Column G) of passenger car rentals outside the MCTD by the tax rate indicated.
MTA Tax (Metropolitan Commuter Mobility Tax): This is a tax imposed on certain employers (agencies) engaged in business within the metropolitan commuter transportation district (MCTD).
If a sale occurred in a jurisdiction outside the MCTD, use the New York State only 4% tax rate line on page 2 to claim a credit for the state sales tax.
If a sale occurred in the MCTD, use the New York State/MCTD 4⅜% tax rate line (code NE 8061) on page 3 to claim a credit for the NYS and MCTD taxes.
The MCTD includes the city of New York, and the counties of Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk and Westchester.
The City will establish a trust fund for professional training and development to be administered by the Personnel Department consistent with the decisions of the JL- MCTD.
Net earnings from self-employment allocated to the MCTD ......................................................................................................
MCTD allocation percentage .....................................................................................................................................................
Enter in Column 2 the amount paid in connection with operations carried on in the MCTD.The compensation paid to an employee is considered to be connected with operations carried on in the MCTD if the employee works or travels out of an office or other place of business located in the MCTD.Divide the Column 2 total by the Column 1 total.