{"data":{"id":"us-nyc/n.y.c.-admin.-code-l.l.-1985-087","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § L.L. 1985/087","heading":"L.L. 1985/087","body":"Enactment date: 12/19/1985\n\nInt. No. 725-A\n\nBy Council Member Sadowsky (by request of the Mayor)\n\nA Local Law to amend the administrative code of the city of New York, in relation to computing entire net income, for purposes of the city general corporation tax, without the deduction of foreign taxes and without the inclusion of any dividend deemed paid by a foreign corporation pursuant to section seventy-eight of the internal revenue code\n\nBe it enacted by the Council as follows:\n\n* * *\n\n[Consolidated provisions are not included in this Appendix A]\n\n* * *\n\n§ 3. This local law shall take effect immediately and shall apply to all fiscal and calendar years beginning on and after January first, nineteen hundred eighty-five.","path":["New York City Administrative Code","1985"],"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":"1b724ea8ec9b0fec6d16c0f97c6fc16e28365e8a1b8b35805d1f98731ba27867","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-l.l.-1985-078","next":"us-nyc/n.y.c.-admin.-code-l.l.-1985-092"},"notice":"GroundRules: Original legal text. Not legal advice."}