N.Y. Tax Law § 291

§ 291. Meaning of terms. (a) Any terms used in this article shall\nhave the same meaning as when used in a comparable context in the laws\nof the United States relating to federal income taxes, unless a\ndifferent meaning is clearly required. Any reference in this article to\nthe laws of the United States shall mean the provisions of the internal\nrevenue code of nineteen hundred fifty-four, and amendments thereto, and\nother provisions of the laws of the United States relating to federal\nincome taxes, as the same may be or become effective at any time or from\ntime to time for the taxable year.\n (b) The term "taxpayer" means an organization or trust described in\nsection two hundred ninety.\n (c) The term "tangible personal property" means corporeal personal\nproperty, such as machinery, tools, implements, goods, wares and\nmerchandise, and does not mean money, deposits in banks, shares of\nstock, bonds, notes, credits or evidences of an interest in property and\nevidences of debt.\n