Statutes, codes, and regulations
New York Codes, Rules and Regulations
Title 20 - DEPARTMENT OF TAXATION AND FINANCEChapter I - Franchise and Certain Business TaxesSubchapter E - Franchise Tax On Transportation And Transmission Corporations
Part 40 - Temporary Metropolitan Transportation Business Tax Surcharge On Transportation And Transmission Corporations Pursuant To Section 183-a Of The Tax Law
Section 40.5 - Discretionary adjustment of the allocation

N.Y. Comp. Codes R. & Regs. tit. 20 § 40.5

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Current through Register Vol. 46, No. 25, June 18, 2024
Section 40.5 - Discretionary adjustment of the allocation

If it appears to the Tax Commission that the allocation provided in this Part does not properly reflect the activity or business of the taxpayer within the MCTD, the Tax Commission, in its discretion, may adjust the allocation to more properly reflect activity or business within the MCTD.

N.Y. Comp. Codes R. & Regs. Tit. 20 § 40.5