§ 1552. Allocation. Where the taxable insurance contract covers risks located or resident both within and without this state and the taxpayer's home state is New York, one hundred percent of premiums shall be allocable to this state.

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Terms Used In N.Y. Tax Law 1552

  • Contract: A legal written agreement that becomes binding when signed.
  • home state: means :

    (1) In general. See N.Y. Tax Law 1550