ÿWPC;  ORÄ HwÑ®TÀ\¾'ltm r¹sÊQχÂÀÂÂwF̦z,Œ$î 6*Zû”ÆEÅ¡vFÉ9£wã1´Ù¾w‹êkõÑÀŒÞ°v@,[Q²3"Ž ´ª‘Ãþ‘x ¦.Èýk{ð>·†H0¤Û±G@Òc×è]D!JvŠ">Çà$msFÃU’|¨_iMÈFTµÅªCvÄEeÉŒ˜øÞ¨ÞEõ>8MÄÝj™u!µ!¡;î8rÌß:‡ãCŠnFF$÷ÕVH¸›£³ƒ‰EÅ`ØeŽº''v#[ÍŸA]®µ·žÍ1 Z Ä—ë¿eááÏ=Xdy6ÿIöÕR‘Ò"#˜k²ôMŸ.•Œ¬Âœ»£zg–ú›j™±àBžLï¡]jñQ¶ÄÙ$Ö6h›ää†ìÞ#âãø,Âäy;î¡Ro˜çcŒ)J7÷ âë Žj¨õ›öÌ•‹Ã©ÄtÀnAMüTpßÃòl¥ï,"ókˆ/9½•ˆífô±ò*ZL™b†ê—¼T¾æÃ7}>8¾™êH$è'ÜѪÁµà[w5>æäÈŽ5¼ÌŠÉ¶›¬ä’H UNP %ž 0:¤#ÉÞ –§ì=b) 1 1 72< 0cn 0pÑ 1uA 72¶ ^ è wô 4ø   m 0D4 0mx x 0Vå (ÖÃ9 Z‹6Times New Roman RegularX(üœ$¡¡ÔUSUS.,Ô˜HP LaserJet 6P,,,,,,,,0˜d:\DOCUME~1\t28122\APPLIC~1\Corel\PERFEC~2\10\CUSTOM~1\BUDGET~1\Reg.wptd:\Documents and Settings\t28122\Application Data\Corel\PerfectExpert\10\Custom WP Templates\Budget, Business\Reg.wpt- ù- 8mCSi•«Á×íNumbers 2NumbersSection 1.Section 1.Section 1.Section 1.Section 1.Section 1.Section 1.Section 1.Section 1.(;3£$´´Ô2#ÔÚ  Ú0Ú  Ú.Ô3  Ôà0  à2>ç–0Section€€€€€Ô2mÔSection€Ú  Ú0Ú  Ú.Ô3  Ô€€3#37=CIQYag­­1.a.i.(1)(a)(i)1)a) i)x–ž0— Ô‚I0á,){0Backup3|xÿU‹ÿÀÀÀ($Ó$‘‘òòÚ  Ú0Ú  Úóó(.3Hy$¥¥Ý ƒüœ!ÝÔUSUS.,ÔÝ  ÝÚ  Ú0Ú  Ú.(.3½Ö$§§Ý ƒüœ!ÝÔUSUS.,ÔÝ  ÝÝ ƒüœ!ÝÔUSUS.,ÔÝ  ÝÔ_ÔÑTRXì3Ø'LetterXà3Ø' Letter3Ø'LetterXàÿ3Ø'LetterTÑÑ€ÑÑ8€9XXdìdÈ8ÑÑ  ÑÒX°ÒÒX°ÒÓÓÑ  ÑÓ  Óà@ìì"ìàSTATE€OF€NEW€YORKˆÐ ° Ðà@â â ìàDEPARTMENT€OF€TAXATION€AND€FINANCEˆÐ ˆØ Ðà@‡ ‡ ìàCOMMISSIONER€OF€TAXATION€AND€FINANCEˆÐ `° Ðà@"ìàALBANY,€NEW€YORKˆÐ 8 ˆ ÐÌà ° àPursuant€to€the€authority€contained€in€sections€171,€First;€1101(b)(19)€and€(20);€1105(c)(3)(vi)€and€(5)(iii);Ð è 8  Ð1115(a)(6),€(15),€and€(16);€1115(c)(2);€1142(1)€and€(8);€and€1250€(not€subdivided)€of€the€Tax€Law,€theÐ À  ÐCommissioner€of€Taxation€and€Finance€hereby€makes€and€adopts€the€following€amendments€to€the€Sales€and€UseÐ ˜è  ÐTaxes€Regulations,€as€published€in€Subchapter€A€of€Chapter€IV€of€Title€20€of€the€Official€Compilation€of€Codes,Ð pÀ ÐRules€and€Regulations€of€the€State€of€New€York,€such€amendments€to€read€as€follows:Ð H˜ Ðà ° àSection€1.€€The€heading€of€section€528.7€of€such€regulation€is€amended€to€read€as€follows:Ð  p Ðà ° àSection€528.7€Farming€òòand€commercial€horse€boarding€operationsóó.€€(Tax€Law,€sections€òò1101(b)(19)€and€(20);óóÐ øH Ð1105(c)(3)€[,]€òò(vi)€and€(5)(iii);óó€1115(a)(6)òò,€(15),€and€(16);€and€1115(c)(2)óó)Ð Ð  Ðà ° àSection€2.€€Subparagraph€(ii)€of€paragraph€(1)€of€subdivision€(a)€of€section€528.7€of€such€regulation€isÐ ¨ø ÐREPEALED,€and€paragraph€(1)€is€further€amended€to€read€as€follows:Ð €Ð Ðà ° à(1)[(i)]€All€tangible€personal€propertyòò,€whether€or€not€incorporated€in€a€building€or€structure,óó€for€use€orÐ X ¨ Ðconsumption€[directly€and]€predominantly€òòeitheróó€in€the€production€for€sale€of€tangible€personal€property€by€farming[,Ð 0"€  Ðwith€the€exception€of€property€which€will€be€incorporated€into€a€building€or€structure]€òòor€in€a€commercial€horseÐ $X" Ðboarding€operation€(or€in€both)óó€is€exempt€from€the€òòNew€York€State€and€localóó€sales€and€compensating€use€[tax]€òòtaxesóó.€Ð à%0!$ Ðòò(See€sections€1115(a)(15)€and€(16)€of€the€Tax€Law€exempting€certain€tangible€personal€property€sold€to€a€contractor,Ð ¸'#& Ðsubcontractor,€or€repairperson€when€the€property€is€to€become€an€integral€component€part€of€a€structure,€building,Ð )à$( Ðor€real€property€used€predominantly€either€in€the€production€phase€of€farming€or€in€a€commercial€horse€boardingÐ h+¸&* Ðoperation,€or€in€both.)óóÐ @-(,L Ðà ° àSection€3.€€Paragraph€(2),€including€Example€1€(Example€2€remains€unchanged),€of€subdivision€(a)€of€sectionÐ d Ð528.7€of€such€regulation€is€amended€to€read€as€follows:Ð <Ø Ðà ° à(2)€[Effective€September€1,€1982,€the]€òòTheóó€services€of€installing,€maintaining,€servicingòò,óó€and€repairing€theÐ  ° Ðtangible€personal€property€specified€as€exempt€in€paragraph€(1)€of€this€subdivision€are€[exempt]€òòexcludedóó€from€theÐ ì ˆ Ð[New€York]€State€and€local€sales€and€compensating€use€taxes.€€However,€this€[exemption]€òòexclusionóó€does€not€applyÐ Ä ` Ðto€the€sales€and€compensating€use€taxes€imposed€in€New€York€City€under€section€1107€of€the€Tax€Law.€€(See€sectionÐ œ8  Ð527.5€of€this€Title€for€[a€description€of€the€terms]€òòrules€pertaining€toóó€installing,€maintaining,€servicingòò,óó€and€repairingÐ t  Ðòòtangible€personal€propertyóó.)Ð Lè  Ðà0 ° àà  àð ðExample€1:ðð€A€farmer€òò(or€an€operator€of€a€commercial€horse€boarding€operation)óó€located€in€anÐ $À Ðupstate€county€in€this€State€has€a€tractor€repaired.€€òòThe€tractor€is€used€predominantly€in€farm€production€(orÐ ü˜ Ðin€a€commercial€horse€boarding€operation).óó€€The€charge€for€materials€is€$100€and€òòthe€charge€foróó€labor€is€$50.€Ð Ôp ÐThe€farmer€[issued]€òògives€the€vendoróó€a€timely€filed€and€properly€completed€[Farmer's€Exemption€Certificate]Ð ¬H Ðòòexemption€certificateóó€and€is€not€required€to€pay€the€New€York€State€and€local€sales€and€compensating€useÐ „  Ðtaxes€on€the€total€charge€for€[material]€òòmaterialsóó€and€labor.€€It€does€not€matter€whether€[there€is€a€breakdown]Ð \ø Ðòòthe€vendorððs€invoice€separately€states€the€chargesóó€for€òòtheóó€materials€and€labor€[on€the€bill€as€both€componentsÐ 4 Ð Ðare€exempt€from]òò,€since€neither€is€subject€toóó€tax.Ð "¨°€%°€% Ðà ° àSection€4.€€Examples€3€and€4€in€paragraph€(3)€of€subdivision€(a)€of€section€528.7€of€such€regulation€areÐ ä#€  ÐREPEALED,€and€paragraph€(3)€is€further€amended€to€read€as€follows:Ð ¼%X" Ðà ° à(3)€[There€is€no€exemption€from€the€tax€imposed€on€the]€òòTheóó€services€of€maintaining,€servicingòò,óó€andÐ ”'0!$ Ðrepairing€real€property,€[except€when€such€services€are€rendered€to€a€grape€trellis€or€a€silo€as€described€inÐ l)#& Ðsubparagraph€(1)(ii)€of€this€subdivision]€òòproperty,€or€land€that€is€used€or€consumed€predominantly€either€in€theÐ D+à$( Ðproduction€for€sale€of€tangible€personal€property€by€farming€or€in€a€commercial€horse€boarding€operation€(or€in€both)Ð -¸&* Ðare€excluded€from€State€and€local€sales€and€compensating€use€taxesóó.€€òò(See€section€527.7€of€this€Title€for€rulesÐ d Ðpertaining€to€maintaining,€servicing,€and€repairing€real€property.)óóÐ <Ø Ðà ° àSection€5.€€Paragraph€(4)€of€subdivision€(a)€of€section€528.7€of€such€regulation€is€renumbered€to€be€paragraphÐ  ° Ð(5)€of€such€subdivision,€and€a€new€paragraph€(4)€is€added€to€read€as€follows:Ð ì ˆ Ðà ° à(4)€Fuel,€gas,€electricity,€refrigeration,€and€steam,€and€gas,€electric,€refrigeration,€and€steam€service€ofÐ Ä ` Ðwhatever€nature€for€use€or€consumption€either€in€the€production€for€sale€of€tangible€personal€property€by€farmingÐ œ8  Ðor€in€a€commercial€horse€boarding€operation€(or€in€both)€are€exempt€from€State€and€local€sales€and€compensatingÐ t  Ðuse€taxes.€€(See,€however,€sections€1115(j)€and€1120€of€the€Tax€Law€with€respect€to€motor€fuel€and€diesel€motorÐ Lè  Ðfuel.)Ð $À Ðà ° àSection€6.€€Paragraph€(5),€as€renumbered,€of€subdivision€(a)€of€section€528.7€of€such€regulation€is€amendedÐ ü˜ Ðto€read€as€follows:Ð Ôp Ðà ° à(5)€Tangible€personal€property€and€services€eligible€for€exemption€òòor€exclusionóó€may€be€purchased€withoutÐ ¬H Ðpayment€of€tax€upon€the€issuance€to€the€vendor€of€a€timely€filed€and€properly€completed€[Farmer's€ExemptionÐ „  ÐCertificate]€òòexemption€certificateóó.€€(See€subdivision€(e)€of€this€section.)Ð \ø Ðà ° àSection€7.€€Subdivision€(b),€excluding€the€examples€which€remain€unchanged,€of€section€528.7€of€suchÐ 4 Ð Ðregulation€is€amended€to€read€as€follows:Ð  "¨ Ðà ° à(b)€ð ðFarming€òòand€commercial€horse€boarding€operation€definedóó.ðð€€òò(1)óó€The€term€ð ðfarmingðð€means€andÐ ä#€  Ðincludes€the€following€types€of€farming€and€activities:€[(1)€raising]Ð ¼%X" Ðà ° àòò(Ô_ÔiÔ_Ô)€agriculture,€floriculture,€horticulture,€Ô_ÔaquacultureÔ_Ô,€and€Ô_ÔsilvicultureÔ_Ô;Ð ”'0!$ Ðà ° à(ii)óó€stock,€òòdairy,óó€poultry€[or€Ô_ÔfurbearingÔ_Ô€animals;€(2)€dairy],€fruit€[or]òò,€fur„bearing€animal,óó€truckòò,€and€treeóóÐ l)#& Ðfarming;€[(3)]Ð D+à$( Ðà ° àòò(iii)óó€Ô_ÔgrapingÔ_Ô;€[(4)€operating€ranches,€nurseries,€orchards€or€vineyards;€and€(5)€]Ð -¸&* Ðà ° àòò(iv)€ranching;Ð d Ðà ° à(v)óó€operating€òònurseries,óó€greenhousesòò,€vineyard€trellises,óó€or€other€similar€structures€used€primarily€for€theÐ <Ø Ðraising€of€agricultural,€horticultural,€Ô_ÔviniculturalÔ_Ô,€viticultural€[or]òò,óó€floriculturalòò,€or€Ô_ÔsilviculturalÔ_Ôóó€commoditiesòò;Ð  ° Ðà ° à(vi)€operating€orchards;Ð ì ˆ Ðà ° à(vii)€raising,€growing,€and€harvesting€crops,€livestock€and€livestock€products€(see€section€301(2)€of€the€NewÐ Ä ` ÐYork€State€Agriculture€and€Markets€Law);€andÐ œ8  Ðà ° à(viii)€raising,€growing,€and€harvesting€woodland€products,€including,€but€not€limited€to,€timber,€logs,€lumber,Ð t  Ðpulpwood,€posts€and€firewoodóó.Ð Lè  Ðà ° àSection€8.€€A€new€paragraph€(2)€is€added,€following€Example€3,€to€subdivision€(b)€of€section€528.7€of€suchÐ $À Ðregulation€to€read€as€follows:Ð ü˜ Ðà ° à(2)€The€term€ð ðcommercial€horse€boarding€operationðð€means€an€agricultural€enterprise,€consisting€of€at€leastÐ Ôp Ðseven€acres€and€boarding€at€least€ten€horses,€regardless€of€ownership,€that€receives€$10,000€or€more€in€gross€receiptsÐ ¬H Ðannually€from€fees€generated€either€through€the€boarding€of€horses€or€through€the€production€for€sale€of€crops,Ð „  Ðlivestock,€and€livestock€products,€or€through€both€such€boarding€and€such€production.€€A€commercial€horse€boardingÐ \ø Ðoperation€does€not€include€any€operation€whose€primary€on„site€function€is€horse€racing.€€(See€section€301(13)€ofÐ 4 Ð Ðthe€New€York€State€Agriculture€and€Markets€Law.)Ð  "¨ Ðà ° àSection€9.€€Ô_ÔSubparagraphsÔ_Ô€(Ô_ÔiÔ_Ô)€and€(ii)€of€paragraph€(1)€of€subdivision€(c)€of€section€528.7€of€such€regulationÐ ä#€  Ðare€amended€to€read€as€follows:Ð ¼%X" Ðà ° à(i)€Administration€includes€activities€such€as€sales€promotion;€general€office€work;€credit€and€collection;Ð ”'0!$ Ðpurchasing;€maintenance;€transporting,€receivingòò,óó€and€testing€of€raw€materials;€and€clerical€work€in€production€suchÐ l)#& Ðas€preparation€of€work€production€and€time€records.€€òòHowever,€tangible€personal€property€used€or€consumed€inÐ D+à$( Ðadministrative€activities€that€are€related€to€farm€production,€as€described€in€subparagraph€(ii)€of€this€paragraph,€isÐ -¸&* Ðconsidered€to€be€used€or€consumed€in€farm€production.€€This€includes€tangible€personal€property€used€in€activitiesÐ d Ðsuch€as€preparing€animal€feed,€weight,€and€health€records;€and€performing€research€related€to€farm€production.óóÐ <Ø Ðà ° à(ii)€Farm€production€begins€with€the€preparation€of€the€soil€òòor€other€growing€mediumóó,€[and]€òòor,óó€in€the€caseÐ  ° Ðof€animals,€from€the€beginning€of€the€life€cycle.€€Production€ceases€when€the€product€is€ready€for€sale€in€its€naturalÐ ì ˆ Ðstate[;€for]òò.€€Foróó€farm€products€[which]€òòthatóó€will€be€converted€into€other€products,€farm€production€ceases€when€theÐ Ä ` Ðnormal€development€of€the€[agricultural]€òòfarmóó€product€has€reached€a€stage€where€it€will€be€processed€or€convertedÐ œ8  Ðinto€a€related€product.Ð t  Ðà ° àSection€10.€€Paragraph€(1),€Examples€1€through€9,€and€the€cross„reference€in€subdivision€(d)€of€section€528.7Ð Lè  Ðof€such€regulation€are€REPEALED,€and€subdivision€(d)€is€further€amended€to€read€as€follows:Ð $À Ðà ° à(d)€[ð ðDirectly€and€predominantlyðð]€ð ðòòPredominantlyóó.ðð€€[(2)]€òò(1)óó€ð ðPredominantlyðð€means€that€òòtheóó€tangibleÐ ü˜ Ðpersonal€property€must€be€used€òòor€consumed;€the€real€property€or€land€must€be€used€or€consumed;€or€the€building,Ð Ôp Ðstructure,€or€real€property€into€which€the€tangible€personal€property€has€been€incorporated€must€be€used,óó€more€thanÐ ¬H Ð50€percent€of€the€time€[directly]€òòeitheróó€in€the€production€[phase]€òòfor€saleóó€of€òòtangible€personal€property€byóó€farmingÐ „  Ðòòor€in€a€commercial€horse€boarding€operation,€or€in€bothóó.Ð \ø Ðà ° àòò(2)€See€section€1115(a)(6)(B)€of€the€Tax€Law€concerning€motor€vehicles€used€predominantly€(ð ði.e.,ðð€moreÐ 4 Ð Ðthan€50€percent)€either€in€the€production€for€sale€of€tangible€personal€property€by€farming€or€in€a€commercial€horseÐ  "¨ Ðboarding€operation,€or€in€both.€€The€percentage€of€a€vehicleððs€use€in€such€activities€may€be€computed€either€on€theÐ ä#€  Ðbasis€of€mileage€or€hours€of€use,€at€the€discretion€of€the€purchaser€or€user.óóÐ ¼%X" Ðà ° àSection€11.€€Subdivision€(e)€of€section€528.7€of€such€regulation€is€REPEALED,€and€subdivision€(f)€of€suchÐ ”'0!$ Ðsection€is€Ô_ÔreletteredÔ_Ô€to€be€subdivision€(e).Ð l)#& Ðâ âÔ_ÔÔ_Ôà ° àSection€12.€€Subdivision€(e),€as€Ô_ÔreletteredÔ_Ô,€of€section€528.7€of€such€regulation€is€amended€to€read€as€follows:Ð D+à$( Ðà ° à(e)€ð ð[Farmer's]€Exemption€[Certificate]€òòcertificateóó.ðð€€(1)€[A]€òòAn€appropriate€andóó€properly€completedÐ d Ðâ â[Farmer's€Exemption€Certificate€is]€òòexemption€certificate€may€beóó€used€by€a€farmer€òòor€by€an€operator€of€a€commercialÐ <Ø Ðhorse€boarding€operationóó€to€make€exempt€òòor€excludedóó€purchases€of€tangible€personal€property€and€services€describedÐ  ° Ðin€this€[Part]€òòsectionóó.Ð ì ˆ Ðà ° à(2)€[The€Farmer's€Exemption€Certificate]€òòAn€exemption€certificateóó€may€not€be€used€for€purchases€ofÐ Ä ` Ð[telephone,€telegraph,€electric,€gas€and€refrigeration€service,€and€heating€or]€motor€fuel.€€The€tax€must€be€paid€onÐ œ8  Ðsuch€purchases,€and€the€farmer€òòor€operator€of€a€commercial€horse€boarding€operationóó€may€[claim]€òòapply€foróó€a€refundÐ t  Ðòòor€creditóó€of€the€tax€paid€on€[the€portion]€òòmotor€fuel€that€isóó€used€for€exempt€òòor€excludedóó€purposes.Ð Lè  Ðà ° à(3)€[The€Farmer's€Exemption€Certificate]€òòAn€exemption€certificateóó€may€be€used€as€a€blanket€certificate[,]Ð $À Ðor€as€a€single€purchase€certificate.Ð ü˜ Ðà ° à(4)€[The€Farmer's€Exemption€Certificate]€òòAn€exemption€certificateóó€is€considered€to€be€properly€completedÐ Ôp Ðwhen€it€contains€the€following€information:Ð ¬H Ðà ° à(Ô_ÔiÔ_Ô)€name€and€address€of€òòtheóó€vendor;Ð „  Ðà ° à(ii)€name€and€address€of€òòtheóó€farmer€òòor€of€the€operator€of€the€commercial€horse€boarding€operationóó;òòÐ \ø Ðóóà0 ° à(iii)€signature€of€òòtheóó€farmer€òòor€of€the€operator€of€the€commercial€horse€boarding€operation€(or€of€theÐ 4 Ð Ðauthorized€representative€of€the€farmer€or€operator)€certifying€that€the€property€or€services€will€be€used€orÐ  "¨ Ðconsumed€in€an€exempt€or€excluded€manneróó;€[and]Ðä#€ °€%°€% Ðà ° à(iv)€date€preparedòò;€and€Ð ¼%X" Ðà ° à(v)€any€other€information€required€pursuant€to€Articles€28€and€29€of€the€Tax€Law€and€Part€532€of€this€Titleóó.Ð ”'0!$ Ðà ° àSection€13.€€Subparagraphs€(viii)€through€(xi)€of€paragraph€(1)€of€subdivision€(a)€of€section€528.22€of€suchÐ l)#& Ðregulation€are€REPEALED,€and€subparagraphs€(vi)€and€(vii)€of€such€paragraph€are€amended€to€read€as€follows:Ð D+à$( Ðà ° à(vi)€mining;€òòoróóÐ -¸&* Ðà ° à(vii)€extracting[;].Ð d Ðà ° àSection€14.€€A€new€cross„reference€is€added€at€the€end€of€paragraph€(1)€of€subdivision€(a)€of€section€528.22Ð <Ø Ðof€such€regulation€to€read€as€follows:Ð  ° Ðà ° àð ðCross„reference:ðð€See€section€528.7(a)(4)€of€this€Part€regarding€fuel,€gas,€electricity,€refrigeration,€andÐ ì ˆ Ðsteam,€and€like€services€used€in€farm€production€or€in€a€commercial€horse€boarding€operation,€or€in€both.Ð Ä ` Ðà ° àSection€15.€€Example€3€in€subdivision€(c)€of€section€528.22€of€such€regulation€is€REPEALED,€and€ExamplesÐ œ8  Ð4€and€5€in€such€subdivision€are€renumbered€to€be€Examples€3€and€4,€respectively.Ð t  ÐÌÓÓDated:€€Albany,€New€YorkÐ $À Ðà ° à€April€29,€2004Ð ¬ ÐÌÌÌà ° àà  àà ` àà ¸ àà  àà h àà À à_______________________________Ð À\ Ðà ° àà  àà ` àà ¸ àà  àà h àà À àAndrew€S.€Ô_ÔEristoffÔ_ÔÐ ¬H Ðà0 ° àà0°€%°€%àà0` €%€%àà0¸ ` €%` €%àà0¸ €%¸ €%àà h àà À àCommissioner€of€Taxation€and€FinanceИ4€%€% Ð