New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCE
Chapter I - Franchise and Certain Business Taxes
Subchapter F - Tax On The Furnishing Of Utility Services
Part 45 - Gross Income
Section 45.3 - Inclusions in gross income
Universal Citation: 20 NY Comp Codes Rules and Regs ยง 45.3
Current through Register Vol. 46, No. 12, March 20, 2024
The term gross income includes the following:
(a) Receipts from sales made and services rendered.
(b) Profits from the sale of securities.
(c) Profits from the sale of real property.
(d) Profits from the sale of personal property (other than merchandise).
(e) Receipts from interest, dividends and royalties.
(f) Profits from any transaction (except sales for resale and rentals) within this State whatsoever.
(g) Receipts from transportation originating in, terminating in or traversing this State, by omnibuses having a seating capacity of more than seven persons, allocated within this State on a passenger mileage basis.
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