New York S00157 repeals use tax exemptions for certain race horses and prevents nonresident owners from avoiding use tax.

New York S00157 repeals specific provisions related to use tax exemptions for certain race horses. It removes exemptions for nonresident owners who bring horses into the state for racing, regardless of their business duration outside New York. This change aims to ensure that nonresident race horse owners pay use tax in certain situations, aligning the tax treatment with other non-individual nonresidents doing business in the state.

New York S00157 repeals use tax exemptions for certain race horses and prevents nonresident owners from avoiding use tax.

New York S00157 repeals specific provisions related to use tax exemptions for certain race horses. It removes exemptions for nonresident owners who bring horses into the state for racing, regardless of their business duration outside New York. This change aims to ensure that nonresident race horse owners pay use tax in certain situations, aligning the tax treatment with other non-individual nonresidents doing business in the state.