§ 11-32 — Computation of Entire Net Income on Combined Reports
New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · 19 RCNY § 11-32
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§ 11-32 Computation of Entire Net Income on Combined Reports.
In the case of combined reports, all intercompany dividends are eliminated in computing combined entire net income. As to when combined reports will be permitted or required, see 19 RCNY § 11-91, infra.
