NY S04623

Exempts tangible personal property and services sold by cemetery corporations from sales tax when used exclusively on cemetery grounds and in cemetery buildings, including maintenance and preservation services.

Exempts cemetery corporations from sales tax as purchasers, users, or consumers, and when they are vendors of services or property for exclusive use on cemetery grounds or buildings.

Establishes an amnesty program for cemetery corporations to resolve tax liabilities for sales and use taxes from periods ending or transactions occurring on or before December 31, 2018.

Waives penalties and interest on amnesty applications paid by March 15, 2019, and prohibits civil, administrative, or criminal action against participating taxpayers for covered tax liabilities.

Requires the commissioner of taxation and finance to report by February 28, 2021, on amnesty program revenue collected, advertising costs, administrative expenses, and net revenue generated.