Starting July 1, 2010, medallion owners or their agents are liable for the 50 cents per trip tax. A taxicab vehicle owner that is not also a medallion owner is not liable for the tax for any trips occurring on or after July 1, 2010.
The tax applies to trips that start and end in New York City as well as trips that start in New York City and end in Dutchess, Nassau, Orange, Putnam, Rockland, Suffolk, or Westchester counties. See the TSB-M below for more information.
What medallion owners and their agents need to do
Owners or their agents must electronically file and pay the 50 cent tax per taxable trip each calendar quarter using Taxicab Web File. You'll need to create an Online Services account, if you don't already have one, and then log in to file and pay. Taxicab Web File will be available the week of October 11, 2010. Paper returns are not available.
Reporting periods and due dates
You must file electronically and pay within 20 days after the end of each quarter. Because the new law took effect July 1, 2010, the first return covers the July 1 through September 30, 2010 period.
The first filing and payment are due on October 20, 2010.
| Quarter | Report due date |
| January 1 - March 31 | April 20 |
| April 1 - June 30 | July 20 |
| July 1 - September 30 | October 20 |
| October 1 - December 31 | January 20 |
More information