§ 290. Imposition of tax. (a) General. For every taxable year or part thereof, every organization described in paragraph two of subsection (a) of section five hundred eleven of the internal revenue code of nineteen hundred fifty-four and every trust described in paragraph two of subsection (b) of section five hundred eleven of such code […]
§ 290-A. Tax surcharge. 1. In addition to the tax imposed under section two hundred ninety of this article, there is hereby imposed, for taxable years ending after June thirtieth, nineteen hundred ninety and before July first, nineteen hundred ninety-seven, a tax surcharge at the rate of fifteen percent in the case of taxable years […]
§ 291. Meaning of terms. (a) Any terms used in this article shall have the same meaning as when used in a comparable context in the laws of the United States relating to federal income taxes, unless a different meaning is clearly required. Any reference in this article to the laws of the United States […]
§ 292. Unrelated business taxable income. (a) The unrelated business taxable income of a taxpayer subject to the tax imposed by section two hundred ninety shall be such taxpayer’s federal unrelated business taxable income, as defined in the laws of the United States for the taxable year, with the following modifications: (1) There shall be […]
§ 293. Allocation of unrelated business taxable income. (a) The portion of the unrelated business taxable income of a taxpayer to be allocated within this state shall be determined by multiplying its unrelated business taxable income by an allocation percentage to be determined by: (1) ascertaining the percentage which the average value of the taxpayer’s […]
§ 294. Returns and payment of tax. (a) Every taxpayer and every other organization or trust, other than an employee’s trust described in section four hundred one (a) of the internal revenue code of nineteen hundred fifty-four, which is subject to the federal tax on unrelated business income having an officer, agent, trustee or representative […]
§ 295. Procedural provisions. The provisions of section two hundred eleven, except subdivisions one, four and nine thereof, the provisions of subdivision three of section two hundred sixteen, and the provisions of section two hundred nineteen of this chapter and the provisions of article twenty-seven of this chapter, shall apply to the provisions of this […]
§ 296. Deposit and disposition of revenue. All taxes, interest and penalties collected or received by the tax commission under this article shall be deposited and disposed of pursuant to the provisions of section one hundred seventy-one-a of this chapter.
