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New York Codes Rules Regulations (Last Updated: March 27,2024) |
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TITLE 20. Department of Taxation and Finance |
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Chapter I. Franchise and Certain Business Taxes |
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Subchapter E. Franchise Tax on Transportation and Transmission Corporations |
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Part 40. Temporary Metropolitan Transportation Business Tax Surcharge on Transportation and Transmission Corporations Pursuant to Section 183-a of the Tax Law |
Sec. 40.5. Discretionary adjustment of the allocation
Latest version.
- Tax Law, § 183-aIf 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.