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New York State 2009-2010 Budget Bill Taxes Nonresident Individuals on Sale of Interests in New York Real Estate Holding Entities |
May 15, 2009
Previously published on April 2009
New York generally taxes nonresident individuals on their income from New York sources, including income from real property located in New York, whether from operations or sale of the real property.
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The views expressed in this document are solely the views of the author and not Martindale-Hubbell. This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. |
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