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Computation of Entire Net Income on Combined Reports.

19 RCNY § 11-32
in effect
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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.
Source: City of New York, Charter, Administrative Code and Rules (American Legal Publishing XML export, codelibrary.amlegal.com)URL: https://codelibrary.amlegal.com/codes/newyorkcity/latest/NYCrules/0-0-0-36824Fetched: 10/24/2026

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11-32 | Corpus