N.Y. General City Model 772/66 § 104: Unincorporated business taxable income

§ 104. Unincorporated business taxable income. The unincorporated

business taxable income of an unincorporated business shall be the

excess of its unincorporated business gross income over its

unincorporated business deductions, allocated to the city, less the

amount of:

(1) Its deductions under section one hundred eight not subject to

allocation; and

(2) Its unincorporated business exemptions under section one hundred

nine.