Criteria for Tax Allocation of Risks Located Both Inside and Outside the United States for Insurance Contracts that have an Effective Date on or After July 21, 2011
| Code | Classification | Allocate to New York by |
|---|
| PROPERTY INSURANCE: | |
| 01 | Real Property (including buildings and other permanent additions) | Insured value of structures and other property in United States |
| 02 | Personal Property (including inland marine) | Insured value of property permanently or principally situated in United States |
| 03 | Business Interruption, Time Element, or similar time valued coverages | Insured time valued elements in United States |
| 04 | Farmowners, Homeowners, and Businessowners (BOP) | Insured value of structures and other property in United States |
| 05 | Aircraft | Insured value of aircraft principally hangared or principally used in United States |
| 06 | Motor Vehicle | Insured value of motor vehicles principally garaged or principally used in United States |
| 07 | Kidnap & Ransom | Number of insured employees principally employed in United States |
| 08 | Ocean Marine | None to New York |
| FIDELITY AND SURETY: | |
| 11 | Fidelity, Forgery, and other Indemnity Bonds | Number of insured employees in United States |
| 12 | Bankers Blanket Bonds | Number of insured employees in United States |
| 13 | Performance Bonds | Total bond value of contracts in United States |
| 14 | Other Surety Bonds | Total bond value of contracts in United States |
| CREDIT INSURANCE: | |
| 21 | Credit Insurance | Value of insured debt in United States |
| RESIDUAL VALUE INSURANCE: | |
| 31 | Residual Value Insurance | Allocate to value of underlying property |
| LIABILITY INSURANCE: | |
| 41 | Manufacturers and Contractors | Payroll in United States |
| 42 | Premises Operations | Square footage of premises in United States |
| 43 | Owners and Contractors Protective | Cost of contract in United States |
| 44 | Products | Number of units manufactured in United States |
| 45 | Completed Operations | Receipts in United States |
| 46 | Municipalities, Public Authorities and other Political Subdivisions | Number of municipalities, etc. in United States |
| 47 | Child Care | Number of children in United States |
| 48 | Contractual | If "stand alone" policy, value of sales in United States |
| 49 | Recreational | Amount of gate receipts in United States |
| 50 | Environmental Impairment | Number of units of exposure in United States |
| 51 | Asbestos Abatement | Payroll in United States |
| 52 | Employee/Member Benefit Program | Number of employees/members in United States |
| 53 | Special Events | Number of events in United States |
| 54 | Professional Liability | Number of insureds in United States |
| 55 | Errors and Omissions Directors and Officers: | Revenues generated in United States |
| 56-A | For-Profit Organization | Revenues generated in United States |
| 56-B | Not-for-Profit Organization | Number of directors and officers based in United States |
| 57 | Hospital, Nursing Home, and Adult Home | Number of beds in state plus one additional bed for each 100 outpatient visits at locations in United States |
| 58 | Liquor Liability | Receipts from sales of alcoholic beverages in United States |
| 59 | Railroad Protective | Miles of track in United States |
| 60 | Aircraft | Number of aircraft principally hangared or principally used in United States |
| 61 | Motor Vehicle | Number of motor vehicles principally garaged or principally used in United States |
| 62 | Umbrella | Classification of predominant coverage; except if underlying coverages are divisible, then use underlying classifications |
| 63 | Excess Liability | If directly over primary, use underlying classifications. If over umbrella, use method in Code 62. |
