On March 1, 2016, the New York City Department of Finance issued a press release in which it is “encouraging all corporate tax filers to file extensions” for 2015 corporate returns that are due on March 15, 2016. The corporate income tax forms for the new corporate income tax that went into effect for most corporations for tax years beginning on or after January 1, 2015 – Forms NYC-2 and NYC-2A – are not yet available. Therefore, the Department is suggesting that all corporate taxpayers with a March 15, 2016 due date obtain 6-month extensions to file their returns, the application form for which is available on the Department’s website.