New York Excise Tax form MT-40 Updated to Reflect New Rates
Jun 26, 2009
The New York State Department of Tax and Finance issued a notice on June 18, 2009 informing wine distributors and wineries with direct-to-consumer shipping permits not to file the Monthly Excise Tax Return form MT-40 with a 3/06 revision date for May 2009. The form with the 3/06 revision date has the incorrect tax rates and was inadvertently sent to licensees by the Department. The form with the current tax rates is MT-40 (5/09) http://www.nystax.gov/pdf/2009/altab/mt40_509.pdf . Additional information can be found by reading the attached notice published by the Tax Department. Form MT-40 (5/09)is also available on Wine Institute website on the New York Direct Shipping page under Relevant Documents.