N.Y. Comp. Codes R. & Regs. Tit. 9 § 9975.5 - Automatic extension
(a) In
the event a covered individual has:
(1) timely
filed with the Internal Revenue Service an application for automatic extension
of time in which to file his or her individual income tax return for the
immediately preceding calendar or fiscal year; and
(2) lacks sufficient information to complete
his or her annual statement , that individual shall file with the commission ,
with respect to any item of the annual statement which he or she cannot
complete, a written statement that the information is lacking from the annual
statement but that it will be supplied in a supplementary statement of
financial disclosure on or before the seventh day after the expiration of the
period of the automatic extension of time to file the income tax
return.
(b) The written
statement filed with the commission concerning an automatic extension of time
to file must contain the following information:
(1) the name of the covered individual , home
address, and work address;
(2) the
title of the position or job classification under which the individual is
employed;
(3) a copy of the
application for automatic extension to file an income tax return; and
(4) a description of the information which is
lacking in the filed annual statement as a result of the application for an
automatic extension to file an income tax return with the Internal Revenue
Service.
(c) An
individual who is entitled to an automatic extension to file his or her income
tax return with the Internal Revenue Service must still file his or her annual
statement on or before the filing date or modified filing date. That annual
statement must contain all of the information otherwise required by the annual
statement.
(d) Failure to file the
supplementary statement, or filing an incomplete or deficient supplementary
statement, shall be deemed a failure to file an annual statement .
Notes
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