ÿWPC Ã4¸vóÚ¿ßåŸb"á¼”˜1’9qr`à ä|†½9Y¥A¥ÔÐ3µbº[ ª§ë”µÈÅÍP0—Xv–BSZA†é%& ‰˜h^ŽD¯ÀìgžÞ€¼ýÍ6´“âÅ…eMðºTv8ûV7¸ãC•§ÄvÇyêK¸569¶-yè˜(4Gi¯þ¦(W@¯É&‚2cÍ­>ßÍKñW—Ë»s­éxñYšÆ— lõùî{é0O×$ÂΕOçç9v/[bí!£ç…†8J:&IÀodŸ'Hm¡¡"EïVÜüÁ5¿æï$%§Èð¶^X“\šâ¬É UH¦Šlô#k6þ¯Aˆñ¼u]"Ñ™™;•hHÓ7 ã 4¯"G+˜Ä´šÈ]Ëû9`ê!œLY?ãâ&ê°|à”²F*5k'¤8à°kÀ­,Õîã~žDZ°Ø@n•Üì<¾£ ¯†*èŽy¦ ɲ½‡Ñ š° ¼­ç¦½*͹‹®Éø¡1\Ôrˆº­VoM[–}^B(Íkð HàQÈlrŒ­è1îvmÇä@?ÓõÅ€» ®Sscòæ…„Ä(\7¸,FJSYÛÏ1.4›Žd-äÖ%^‚qÈákUNÚ %( 0:.#Éh Ž1 ê¿ b© 72± ± wã ^ ç 4ó 0V ] l t mv N ~ b U@((((((((((bhhlllllllllllllllllllllllllllllllllllllllllllllllllllllllÆ‚‚‚‚‚‚ 0aHHHHHHHHHH 1u©(ÖÃ9 Z‹6Times New Roman RegularX(üœ$¡¡ÔUSUS.,Ô˜\\albprintb9\CO910047úúúúúúúú0˜d:\DOCUME~1\a23538\APPLIC~1\Corel\PERFEC~2\10\CUSTOM~1\REGULA~1.WPTd:\Documents and Settings\a23538\Application Data\Corel\PerfectExpert\10\Custom WP Templates\Regulation Template.wpt- ù-ji)C–$/— JÙ.ÿÿÿÿ(.3½Ö$¨¨Ý ƒüœ!ÝÔUSUS.,ÔÝ  Ý3|x ÿU‹ÿÀÀÀ Ò ! ' setup0setup .    ù Ñ € Ñ(ÖÃ9 Z‹(Times New Roman ù Ñ ° Ñ1, 2, 3,Level 1Level 2Level 3Level 4Level 5(9fÈ$´´Section€Ô2#ÔÚ  Ú0Ú  Ú.Ô3  Ô€€3#37=CIQYag­­1.a.i.(1)(a)(i)1)a)Ý ƒüœ!ÝÔUSUS.,ÔÝ  ÝÔ_ÔÒX°ÒÒX°ÒÑ  ÑÑ€ÑÑ8€:|XXdìdÈ8ÑÓÓÓ=€¼è†,dÐd=ÓÑ€'ÑÑ€#OaÑà@ìì"ìàÔ€X:|XXXÔSTATE€OF€NEW€YORKˆÐ ° Ðà@â â ìàDEPARTMENT€OF€TAXATION€AND€FINANCEˆÐ ˆØ Ðà@‡ ‡ ìàCOMMISSIONER€OF€TAXATION€AND€FINANCEˆÐ `° Ðà@"ìàALBANY,€NEW€YORKˆÐ 8 ˆ Ðà ° àPursuant€to€the€authority€contained€in€subdivision€First€of€section€171€and€subsection€(a)€of€section€697Ð  ` Ðof€the€Tax€Law,€the€Commissioner€of€Taxation€and€Finance,€at€an€open€meeting€held€on€even€date€with€theÐ è 8  Ðsigning€of€this€proposal,€hereby€proposes€to€make€and€adopt€the€following€amendments€to€the€New€York€StateÐ À  ÐPersonal€Income€Tax€Regulations€under€Article€22€of€the€Tax€Law,€as€published€in€Subchapter€A€of€Chapter€IIÐ ˜è  Ðof€Title€20€of€the€Official€Compilation€of€Codes,€Rules€and€Regulations€of€the€State€of€New€York,€suchÐ pÀ Ðamendments€to€read€as€follows:Ð H˜ Ðà ° àSection€1.€The€note€below€the€title€of€Part€132€of€such€regulations€is€amended€to€read€as€follows:Ð  p Ðà ° àNote:€[This]€òòExcept€for€section€132.19,€thisóó€Part€does€not€reflect€amendments€to€the€Tax€Law€made€byÐ øH Ðthe€Tax€Reform€and€Reduction€Act€of€1987€(Chapter€28€of€the€Laws€of€1987)€and€certain€other€amendments.Ð Ð  Ðà ° àSection€2.€The€index€of€Part€132€of€such€regulations€is€amended€to€read€as€follows:Ð ¨ø Ðà ° àSec.Ð €Ð Ðà ° àNEW€YORK€ADJUSTED€GROSS€INCOME€DEFINEDÐ X ¨ Ðà ° à132.1à0  àà0` €%€%àNew€York€adjusted€gross€income€of€a€nonresident€individualÐ0"€ ` €%` €% Ðà ° àINCOME€AND€DEDUCTIONS€FROM€NEW€YORK€STATE€SOURCESÐ $X" Ðà ° à132.2à0  àà0` €%€%àIncome€and€deductions€from€New€York€State€sources€ð!ð€generalÐà%0!$` €%` €% Ðà ° à132.3à0  àà0` €%€%àItems€attributable€to€real€or€tangible€personal€property€in€New€York€Stateи'#&` €%` €% Ðà ° à132.4à0  àà0` €%€%àBusiness,€trade,€profession€or€occupation€carried€on€in€New€York€State€Ð)à$(` €%` €% Ðà ° à132.5à0  àà0` €%€%àIncome€from€intangible€personal€propertyÐh+¸&*` €%` €% Ðà ° à132.6à0  àà0` €%€%àIncome€from€closed€ð!ð€circuit€and€cable€television€transmissionsÐ#@-(,` €%` €% #ÐÔ_ÔÔ_Ôà ° à132.7à0  àà0` €%€%àDeductions€with€respect€to€capital€losses,€net€long€ð!ð€term€capital€gains€and€net€operatingÐ d ÐlossesÐ<Ø` €%` €% Ðà ° à132.8à0  àà0` €%€%àUndistributed€taxable€income,€net€operating€loss€and€gain€or€loss€on€sale€or€exchange€ofÐ  ° Ðstock€with€respect€to€an€electing€small€business€corporationÐì ˆ` €%` €% Ðà ° à132.9à0  àà0` €%€%àIncome,€gain,€loss€or€deduction€with€respect€to€New€York€Insurance€ExchangeÐÄ `` €%` €% Ðà ° à132.10à0  àà0` €%€%àPurchase€and€sale€for€own€accountÐœ8 ` €%` €% Ðà ° à132.11à0  àà0` €%€%àCompensation€not€constituting€income€derived€from€New€York€State€sourcesÐt ` €%` €% Ðà ° àINCOME€AND€DEDUCTIONS€PARTLY€FROM€NEW€YORK€STATE€SOURCESÐ Lè  Ðà ° à132.12à0  àà0` €%€%àIncome€and€deductions€partly€from€New€York€State€sources€ð!ð€generalÐ$À` €%` €% Ðà ° à132.13à0  àà0` €%€%àBusiness€carried€on€wholly€within€New€York€State€Ðü˜` €%` €% Ðà ° à132.14à0  àà0` €%€%àBusiness€carried€on€partly€within€and€partly€without€New€York€StateÐÔp` €%` €% Ðà0 ° àMETHODS€OF€ALLOCATING€INCOME€AND€DEDUCTIONS€FROM€SOURCES€WITHIN€ANDÐ ¬H ÐWITHOUT€NEW€YORK€STATEЄ °€%°€% Ðà ° à132.15à0  àà0` €%€%àApportionment€and€allocation€of€income€from€a€business€carried€on€partly€within€andÐ \ø Ðpartly€without€New€York€State€Ð4 Ð` €%` €% Ðà ° à132.16à0  àà0` €%€%àRentals€and€gains€from€the€sale€or€exchange€of€real€propertyÐ "¨` €%` €% Ðà ° à132.17à0  àà0` €%€%àEarnings€of€salesmenÐä#€ ` €%` €% Ðà ° à132.18à0  àà0` €%€%àEarnings€of€nonresident€employees€and€officersм%X"` €%` €% Ðà ° à132.19à0  àà0` €%€%à[Wages€òòóóof€nonresident€seamen]€òòCompensation€of€nonresident€individuals€performingÐ ”'0!$ Ðduties€on€vesselsóóÐl)#&` €%` €% Ðà ° à132.20à0  àà0` €%€%àPensions€and€other€retirement€benefitsÐD+à$(` €%` €% Ðà ° à132.21à0  àà0` €%€%àSpecial€rules€for€security€and€commodity€brokersÐ-¸&*` €%` €% Ðà ° à132.22à0  àà0` €%€%àCompensation€received€by€nonresident€professional€athletesÐd` €%` €% Ðà ° à132.23à0  àà0` €%€%àIncome€from€vesselsÐ<Ø` €%` €% Ðà ° à132.24à0  àà0` €%€%àOther€methods€of€allocationÐ °` €%` €% Ðà ° àHUSBAND€AND€WIFEÐ ì ˆ Ðà ° à132.25à0  àà0` €%€%àNew€York€adjusted€gross€income€of€husband€and€wifeÐÄ `` €%` €% Ðòòóóà ° àSection€3.€Section€132.19€of€such€regulations€is€REPEALED€and€a€new€section€132.19€is€added€to€readÐ œ8  Ðas€follows:Ð t  Ðà ° àòòSection€132.19€€€Compensation€of€nonresident€individuals€performing€duties€on€vessels.Ð Lè  Ðà ° à(a)€The€income€derived€from€New€York€State€sources€of€a€nonresident€individual€includes€the€fullÐ $À Ðamount€of€compensation€received€by€the€individual€for€employment€on€a€vessel€operating€exclusively€withinÐ ü˜ ÐNew€York€State.Ð Ôp Ðà ° à(b)€The€income€derived€from€New€York€State€sources€of€a€nonresident€individual€does€not€include€anyÐ ¬H Ðcompensation€received€by€the€individual€for€employment€on€a€vessel€which€is€operating€exclusively€betweenÐ „  Ðports€of€New€York€State€and€foreign€ports,€even€though€at€times€the€vessel€touches€at€a€port€within€New€YorkÐ \ø ÐState€and€remains€there€a€reasonable€time€for€the€transaction€of€its€business.Ð 4 Ð Ðóóà ° àòò(c)€Compensation€paid€to€individuals:Ð  "¨ Ð(1)€engaged€on€a€vessel€to€perform€assigned€duties€in€more€than€one€state€as€a€pilot€licensed€under€section€7101Ð ä#€  Ðof€Title€46€of€the€United€States€Code€or€licensed€or€authorized€under€the€laws€of€a€state;€orÐ ¼%X" Ð(2)€who€perform€regularly€assigned€duties€while€engaged€as€a€master,€officer,€or€crewman€on€a€vessel€operatingÐ ”'0!$ Ðon€the€navigable€waters€of€more€than€one€state,€constitutes€income€derived€from€sources€within€suchÐ l)#& Ðindividualððs€state€of€residence.€€The€income€derived€from€New€York€State€sources€of€a€nonresident€individualÐ D+à$( Ðdoes€not€include€compensation€received€by€the€individual€for€the€performance€of€duties€described€in€(1)€or€(2)€inÐ -¸&* ÐÑ#OaÑâ #âÑ°°Ñâ #âÑ  Ñthe€navigable€waters€of€more€than€one€state,€even€though€the€individual€performed€duties€in€New€York€State.€Ð d Ð(See€Public€Law€106„489€and€section€11108€of€title€46€of€the€United€States€Code.)óóÐ <Ø ÐòòóóÌÓÓDated:€Albany,€Ô_ÔNewÔ_Ô€York€Ð ì ˆ Ðà ° àÌà ° àJanuary€28,€2003Ð Ä ` ÐÌà ° àÌÌà ° àà  àà ` àà ¸ àà  àà h àà À àà  àòò€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€€óóÐ t  Ðà ° àà  àà ` àà ¸ àà  àà h àà À àà  àArthur€J.€RothÐ `ü  Ðà0 ° àà0°€%°€%àà0` €%€%àà0¸ ` €%` €%àà0¸ €%¸ €%àà0h€%€%àà0Àh€%h€%àà0À€%À€%àCommissioner€of€Taxation€and€Finance