Sec. 16-2.16. Definition of international banking facility

Latest version.

Tax Law, § 1450(c)
The term international banking facility (hereinafter referred to in this Subchapter as IBF) means an international banking facility located in New York State. The term has the same meaning as is set forth in the New York State Banking Law or regulations promulgated thereunder, or as is set forth in the laws of the United States or regulations of the Board of Governors of the Federal Reserve System.

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');