New York Tax Law (Consolidated Laws)
N.Y. Tax Law § 305
Exempt entities
Official textnysenate.govlast amended
§ 305. Exempt entities.--No corporation or unincorporated business shall be a petroleum business subject to tax under this article because it imported or caused motor fuel, diesel motor fuel or residual petroleum product to be imported into this state or produced, refined, manufactured or compounded such products in this state where such motor fuel, diesel motor fuel or residual petroleum product is exclusively for the use and consumption of such corporation or unincorporated business and such corporation or incorporated business is an organization described in subdivision (a) of section eleven hundred sixteen of this chapter.
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In this article (18 sections)
- 300 · General definitions
- 301-A · Imposition of tax
- 301-B · Exemptions
- 301-C · Reimbursement
- 301-D · Utility credit or reimbursement
- 301-E · Aviation fuel business
- 301-H · Tax relating to carriers
- 301-J · Supplemental petroleum business tax and supplemental tax on…
- 301-L · Refund for tax with respect to in-bulk consumer bad debt
- 301-M · Credit or reimbursement for certain governmental purchases by…
- 302 · Registration of petroleum businesses
- 305 · Exempt entities
- 308 · Returns and payment of tax
- 310 · Corporate petroleum businesses; collection of taxes and penalties
- 312 · Deposit and disposition of revenue
- 313 · Limitation of time
- 314 · Secrecy
- 315 · Practice and procedure