Section 291. Meaning of terms

(a)  Any terms used in this article shall
  have the same meaning as when used in a comparable context in  the  laws
  of  the  United  States  relating  to  federal  income  taxes,  unless a
  different meaning is clearly required.  Any reference in this article to
  the laws of the United States shall mean the provisions of the  internal
  revenue code of nineteen hundred fifty-four, and amendments thereto, and
  other  provisions  of  the laws of the United States relating to federal
  income taxes, as the same may be or become effective at any time or from
  time to time for the taxable year.
    (b)  The term "taxpayer" means an organization or trust  described  in
  section two hundred ninety.
    (c)    The  term "tangible personal property" means corporeal personal
  property,  such  as  machinery,  tools,  implements,  goods,  wares  and
  merchandise,  and  does  not  mean  money,  deposits in banks, shares of
  stock, bonds, notes, credits or evidences of an interest in property and
  evidences of debt.