N.Y.C. Admin. Code § 11-641.1: § 11-641.1 Computation of alternative entire net income.
Where this section sits in the code
- New York City Administrative Code
- Title 11
- Chapter 6: City Business Taxes
(a) Alternative entire net income means entire net income as determined pursuant to section 11-641, except that the deductions described in paragraphs eleven and twelve of subdivision (e) of section 11-641 shall not be allowed.
(b) Any election made pursuant to paragraph two of subdivision (b) of section 11-642 with respect to the modification provided for in subdivision (f) of section 11-641 shall be deemed to have been made for purposes of computing alternative entire net income.
Collected 2026-09-06T02:48:57Z. Source file · JSON