Last Updated on January 18, 2018 by Lawrence Berezin
Manhattan Resident Parking Tax Exemption is a parking law you don’t want to miss
NYC parking laws charge a parking tax of 18.375%, which consists of the standard rate of 10.375% and an additional 8% for Manhattan rental parking spaces. The extra tax is part of the New York City and New York State shared Sales and Use Tax. However, if you qualify, you can receive the Manhattan Resident Parking Tax Exemption.
For those who qualify, the tax is reduced to a rate of 10.375% instead of 18.375%. To be eligible for the Manhattan Resident Parking Tax Exemption, Manhattan residents must own and register their motor vehicle to a Manhattan address and park in a long-term rented space.
To be eligible:
- The applicant must be a Manhattan resident who rents a long-term parking space for the month or longer;
- The applicant’s vehicle must be registered to his or her primary Manhattan residential address; and
- The vehicle must be used exclusively for personal use. Commercial, rental, or company vehicles will not get the exemption.
Submit an application for the Manhattan Resident Parking Tax Exemption and required documents to:
New York City Department of Finance
Parking Tax Exemption Unit
59 Maiden Lane – 22nd Floor
New York, NY 10038
Applications are also available at many parking garages and lots.
Manhattan Resident Parking Tax Exemption information webpage
A gift from NYC that keeps on giving? Ye, it does, if you qualify. Think of it this way, while your car is safe in your parking garage, NYC has a parking law that exempts certain qualified members of the driving public from a portion of the parking tax. Once you venture onto the mean streets of NYC, however, you are fair game for the droves of parking ticket warriors and other parking ticket combatants to clobber you and your car with parking tickets to recover some of NYC’s lost loot.
NYC giveth and NYC taketh away. Let’s outsmart ’em. Know the rules and be vigilant. Does exchange your parking tax exemption for a parking ticket.
Raise your cyber hands if you know about this tax exemption? How’d you find out?
[Larry’s note: Thanks to the NYC DOF for publishing this valuable information on the DOF Website]
Bill Zavatsky says
Dear Larry, I live in a six-building coop in Morningside Heights. When I brought my car into our garage, I was told that the 8% reduction in parking tax didn’t apply. However, I have gotten it in other garages where I’ve parked. Recently we’ve been told that we have to remove our cars for two months because our garage has to be renovated. I found a garage close by, applied for the 8% rebate, and got it. In some back-and-forth emails with the president of my coop, I got no response to the question of why our garage doesn’t offer the rebate. I will be returning to the coop garage once it’s been renovated. Any ideas about this? Many thanks!
Lawrence Berezin says
Here’s what the Evil Empire has to say about eligibility for the Manhattan Residence Parking Exemption”
The vehicle must be: