{"data":{"id":"us-nyc/n.y.c.-admin.-code-11-618","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 11-618","heading":"§ 11-618 Net income defined.","body":"The term \"net income\" means the gross income of a taxpayer less the deductions allowed by this part.","path":["New York City Administrative Code","Title 11","Chapter 6: City Business Taxes"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"5366793effa5fd6601881f72c8862ed9278d3f02290d711e4696b9f2732ce350","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-11-617","next":"us-nyc/n.y.c.-admin.-code-11-619"},"notice":"GroundRules: Original legal text. Not legal advice."}