New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCE
Chapter VI - Communications Of The Division Of Taxation Of The Department Of Taxation And Finance
Part 2375 - Communicating Tax Policy And Interpretations
Section 2375.5 - Advisory opinions (TSB-As)

Universal Citation: 20 NY Comp Codes Rules and Regs ยง 2375.5
Current through Register Vol. 46, No. 12, March 20, 2024

Advisory opinions are authorized by subdivision 24 of section 171 of the Tax Law and are addressed in detail in Part 2376 of this Title. Advisory opinions are binding upon the Division of Taxation and upon the Commissioner of Taxation and Finance only with respect to the person to whom such an opinion is rendered and only with respect to the set of facts stated in the opinion. The person to whom an advisory opinion is rendered is not bound by that opinion nor may any other person rely upon or be bound by such opinion. However, although advisory opinions do not have true precedential value, they are indicative of the commissioner's position concerning the applicability of statutory and regulatory provisions to specific sets of facts as of the date the opinion is issued or for the specific time period at issue in the opinion.

Disclaimer: These regulations may not be the most recent version. New York may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.