The stock transfer tax is imposed on the sale or transfer of any of the following that occur within New York State. The NYSE is capitalism at its best, the belief that the free and fair markets offer every individual the chance to benefit from success.Delisting is the removal of a listed security from a stock exchange. Approval of issues of stock, bonds and other forms of indebtedness; approval of mergers or consolidations. The cornerstone of the NYSE market model is the Designated Market Maker (DMM). A new corporate tax applies to corporations and banks, other than federal S-corporations, that do business in New York City. New York Business Corporation Law BSC NY BUS CORP Section 508. Read the code on FindLaw. A new corporate tax applies to corporations and banks, other than federal S-corporations, that do business in New York City. A technical glitch at the New York Stock Exchange caused an errant reading of share prices for several companies, including Warren Buffett's Berkshire Hathaway.