Section 25-A-2 - Persons subject to tax(a) Imposition of tax.-A tax determined in accordance with the rates set forth in this local law is hereby imposed for each taxable year, ending on or after July first, nineteen hundred sixty-six, but commencing prior to January first, nineteen hundred seventy-six, on the city taxable income of every resident individual, resident estate and trust.(b) Partners and partnerships.- A partnership as such shall not be subject to tax under this local law. Persons carrying on business as partners shall be liable for tax under this local law only in their separate or individual capacities.(c) Associations taxable as corporations.- An association, trust or other unincorporated organization which is taxable as a corporation for federal income tax purposes shall not be subject to tax under this local law.(d) Exempt trusts and organizations.- A trust or other unincorporated organization which by reason of its purposes or activities is exempt from federal income tax shall be exempt from tax under this local law (regardless of whether subject to federal income tax on unrelated business taxable income).(e) Cross references.- For definitions of city taxable income of:(1) Resident individual, see section eleven.(2) Resident estate or trust, see section eighteen.N.Y. Gen. City Law § 25-A-2