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§ 11-641.1 — Computation of alternative entire net income

New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) · NYC Admin. Code § 11-641.1

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§ 11-641.1 Computation of alternative entire net income.

(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.

§ 11-641.1 — Computation of alternative entire net income | New York City Administrative Code (current through L.L. 2026/147, enacted September 12, 2026, and amendments effective through October 10, 2026) | Corpus