Revised New York State Department of Taxation and Finance Policy
Revised New York State Department of Taxation and Finance Policy Creates New Refund and Tax Planning Opportunity related to
- statutory options,
- nonstatutory options that do not have a readily ascertainable fair market value at the time of grant,
- restricted stock plans where the election under section 83(b) of the Internal Revenue Code has not been made (except for dividend income related to the stock),
- and stock appreciation rights.
See Technical Services Bulletin Memorandum # 06(7)I for details.