Mr. Cuomo will seek to reduce the state’s corporate tax rate to 6.5% from 7.1% while also offering a 20% property-tax credit to manufacturers. For manufacturers upstate, that relief package will be augmented by an elimination of the corporate income tax. Mr. Cuomo estimated that these reforms could save New York’s manufacturing industry $161 million...Continue Reading
New York Photonics is a not-for-profit organization founded to promote and enhance the New York State optics, photonics and imaging industry by fostering the cooperation of business, academia and government.