New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 20. Department of Taxation and Finance |
Chapter I. Franchise and Certain Business Taxes |
Subchapter B. Franchise Tax on Banking Corporations |
Part 19. Allocation |
Subpart 19-6. Receipts Factor |
Sec. 19-6.6. Fees or charges from letters of credit, traveler's checks and money orders
Latest version.
- Tax Law, § 1454Fees or charges from the issuance of letters of credit, traveler's checks and money orders are allocated to New York State if such letters of credit, traveler's checks or money orders are issued within New York State.