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NYC extends pied-à-terre tax exemption deadline to Sept 18 amid confusion

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New York City has pushed back the pied-à-terre tax exemption deadline to September 18 after residents complained that official communications were unclear. Mayor Zohran Mamdani's administration acknowledged the confusion and is ramping up outreach efforts across all five boroughs to improve awareness. The pied-à-terre tax applies to secondary residences worth more than five million dollars and was introduced to help address a city budget shortfall. Officials aim to ensure affected property owners have adequate time and information to complete the exemption process correctly.

Read the full story at Times of India

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