Net income defined.
NYC Admin. Code § 11-618
in effect§ 11-618 Net income defined.
The term "net income" means the gross income of a taxpayer less the deductions allowed by this part.
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/NYCadmin/0-0-0-10600Fetched: 10/24/2026
