N.Y. General City Law 5 – Accounting periods and methods
§ 5. Accounting periods and methods.–(a) Accounting periods.–A taxpayer's taxable year under this local law shall be the same as his taxable year for federal income tax purposes.
(b) Change of accounting periods.–If a taxpayer's taxable year is changed for federal income tax purposes, his taxable year for purposes of this local law shall be similarly changed. If a taxable year of less than twelve months results from a change of taxable year, the city standard deduction, and the city personal exemptions shall be prorated under regulations of the administrator.
(c) Accounting methods.–A taxpayer's method of accounting under this local law shall be the same as his method of accounting for federal income tax purposes. In the absence of any method of accounting for federal income tax purposes, city taxable income shall be computed under such method as in the opinion of the administrator clearly reflects income.
(d) Change of accounting methods.–(1) If a taxpayer's method of accounting is changed for federal income tax purposes, his method of accounting for purposes of this local law shall be similarly changed.
(2) If a taxpayer's method of accounting is changed, other than from an accrual to an installment method, any additional tax which results from adjustments determined to be necessary solely by reason of the change shall not be greater than if such adjustments were ratably allocated and included for the taxable year of the change and the preceding taxable years, beginning after July first, nineteen hundred sixty-six, not in excess of two, during which the taxpayer used the method of accounting from which the change is made.
(3) If a taxpayer's method of accounting is changed from an accrual to an installment method, any additional tax for the year of such change of method and for any subsequent year which is attributable to the receipt of installment payments properly accrued in a prior year, shall be reduced by the portion of tax for any prior taxable year attributable to the accrual of such installment payments, in accordance with regulations of the administrator.
N.Y. General City Law 5 – Certain parades and processions forbidden; penalty
§ 5. Certain parades and processions forbidden; penalty. All processions or parades occupying or marching on any street of any city to the exclusion or interruption of other citizens in their individual right and use thereof, excepting the National Guard and the police and fire departments, and the associations of veteran soldiers, are forbidden, unless written notice of the object, time and route of such procession or parade be given by the chief officer thereof, not less than six hours previous to its forming or marching, to the police authorities of such city; and such police authorities may designate to such procession or parade how much of the street in width it can occupy with especial reference to crowded thoroughfares through which such procession may move; and, when so designated, the chief officer of such procession or parade shall be responsible that the designation is obeyed; and it shall be the duty of the police authorities to furnish such escort as may be necessary to protect persons and property and maintain the public peace and order. A person wilfully violating any provision of this section shall be guilty of a misdemeanor, punishable by a fine not exceeding twenty dollars or imprisonment not exceeding ten days, or both.