An Advisory Opinion is issued at the request of a person or entity. It is limited to the facts set forth therein and is binding on the Department only with respect to the person or entity to whom it is issued and only if the person or entity fully and accurately describes all relevant facts. An Advisory Opinion is based on the law, regulations, and Department policies in effect as of the date the Opinion is issued or for the specific time period at issue in the Opinion.
Whether a lump sum settlement received by a nonresident from a nonqualified supplemental employee retirement plan ("SERP") and Deferred Compensation Plan pursuant to an order of bankruptcy is exempt from New York State personal income tax
Whether a transfer of less than a majority ownership interest in Petitioner to an unrelated third party will compromise its eligibility for Qualified Empire Zone Enterprise tax benefits
Whether Petitioner's Empire Zone (EZ) certification under Article 18-B of the General Municipal Law (GML) and its accompanying eligibility for EZ tax benefits will survive and remain in full force and effect if it changes its ownership structure
Whether each stage of the installation of solar energy system equipment will qualify individually for the solar energy system equipment credit, up to the credit limitation of five thousand dollars
