N.Y. GCT Law § 2

§ 2. Persons subject to tax.--(a) Imposition of tax.--A tax determined\nin accordance with the rates set forth in this local law is hereby\nimposed for each taxable year, ending on or after July first, nineteen\nhundred sixty-six, but commencing prior to January first, nineteen\nhundred seventy-six, on the city taxable income of every resident\nindividual, resident estate and trust.\n (b) Partners and partnerships.-- A partnership as such shall not be\nsubject to tax under this local law. Persons carrying on business as\npartners shall be liable for tax under this local law only in their\nseparate or individual capacities.\n (c) Associations taxable as corporations.-- An association, trust or\nother unincorporated organization which is taxable as a corporation for\nfederal income tax purposes shall not be subject to tax under this local\nlaw.\n (d) Exempt trusts and organizations.-- A trust or other unincorporated\norganization which by reason of its purposes or activities is exempt\nfrom federal income tax shall be exempt from tax under this local law\n(regardless of whether subject to federal income tax on unrelated\nbusiness taxable income).\n (e) Cross references.-- For definitions of city taxable income of:\n (1) Resident individual, see section eleven.\n (2) Resident estate or trust, see section eighteen.\n