N.Y. Comp. Codes R. & Regs. tit. 20 § 45.3

Current through Register Vol. 46, No. 25, June 18, 2024

Section 45.3 - Inclusions in gross income

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.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 45.3