13 May 2026 Large employers should confirm compliance with New York's Metropolitan Commuter Transportation Mobility Tax New York has significantly increased the Metropolitan Commuter Transportation Mobility Tax (MCTMT) rates for most large employers, materially increasing the potential cost of noncompliance. With higher rates now in effect, even relatively small errors in identifying covered employees and/or computing the correct MCTMT liability can result in additional, and potentially substantial, assessments. The attached Tax Alert explains the MCTMT, the cost of noncompliance and steps employers should consider.
Document ID: 2026-1054 | ||||||
