20 NYCRR § 9-2.5
Treatment of gain or loss from the sale of a partnership interest
Where a corporation is a partner in a partnership, any gain or loss that is recognized from the sale of the corporation's interest in such partnership and included in entire net income is business income or loss.
Source: official source document (DTF adopted rule text, December 2023 corporate reform)
In this part (21 sections)
- 9-1.1 · General definitions
- 9-1.2 · Definition of qualified New York manufacturer
- 9-1.3 · Contract manufacturing
- 9-1.4 · Corporate Partners
- 9-2.1 · General
- 9-2.2 · Determination of applicable methodology
- 9-2.3 · Computation of tax under the aggregate method
- 9-2.4 · Computation of tax under the entity method
- 9-2.5 · Treatment of gain or loss from the sale of a partnership…
- 9-2.6 · Election by certain foreign limited partners
- 9-3.1 · Apportionment rules for New York S corporations
- 9-3.2 · Nonresident and part-year resident shareholders of New York S…
- 9-3.3 · Examples
- 9-4.1 · General treatment of REITs and RICs
- 9-4.2 · Computation of income
- 9-4.3 · Qualified financial instrument apportionment rules for…
- 9-4.4 · Combination rules for REITs and RICs
- 9-5.1 · General
- 9-5.2 · Corporate stockholders of tax exempt DISC
- 9-5.3 · Corporate stockholders’ treatment of distribution and capital…
- 9-5.4 · Rules for treatment of earnings and profits