N.Y. Comp. Codes R. & Regs. tit. 20, § 132.2 – Income and deductions from New York State sources—general. | Midpage
§ 132.2
N.Y. Comp. Codes R. & Regs. tit. 20, § 132.2
Income and deductions from New York State sources—general.
Department of Taxation and Finance
(a) the ownership of any interest in real or tangible personal property in New York State (see section 132.3 of this Part); or
(b) a business, trade, profession or occupation carried on in New York State (see section 132.4 of this Part).
Tax Law, § 632(b)(1)
A nonresident individual's items of income, gain, loss and deduction derived from or connected with New York State sources are the items attributable to: