N.Y. Tax Law 1190 – Definitions
§ 1190. Definitions. Terms used in this article shall have the same meaning as in § 900 of the general business law unless expressly provided otherwise. For purposes of this article, the following terms shall have the following meanings:
Terms Used In N.Y. Tax Law 1190
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
(a) "Gross receipts paid by the shared vehicle driver" means all consideration paid or contracted to be paid by a shared vehicle driver for use of a shared vehicle, including optional charges and fees, except for separately stated charges for taxes and government-imposed fees and airport facility fees, imposed on the shared vehicle driver.
(b) "Peer-to-peer car sharing program administrator" shall mean the corporation, partnership, firm, institution, sole proprietorship or other entity or person that is responsible for operating, facilitating, or administering the means, digital or otherwise, by which a business platform facilitates a peer-to-peer car sharing program for financial consideration.