New withholding tables for NY City issued

Due to recent legislation affecting the New York City personal income tax rates, some of the New York City withholding tables have been revised, effective for wages paid on and after September 1, 2010. The tables apply if an employer has employees making more than $500,000 who are subject to New York City withholding. Form NYS-2104, Employee's Withholding Allowance Certificate has also been revised. The New York City supplemental wage rate effective September 1, 2010, will be 4.75%. The tables are also reproduced at http://www.tax.state.ny.us/wt/rate.htm (NYS-50-T.2, 9/10).