Sec. 3-2.7. Entire net income of certain bridge commissions

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Tax Law, § 208(9)(e)
The entire net income of any bridge commission created by an act of Congress to construct a bridge across an international boundary is its gross income less the expense of maintaining and operating its properties, the annual interest on its bonds and other obligations, and the annual charge for the retirement of such bonds or obligations at maturity.

                    
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