New York Statutes
§ 33 — Consolidated returns
New York § 33
JurisdictionNew York
Law GCMGeneral City Model 772/66
Part 3Financial Corporation Tax
Subpart 3Administration For Subparts 1 and 2
This text of New York § 33 (Consolidated returns) is published on Counsel Stack Legal Research, covering New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.Y. General City Model 772/66 § 33 (2026).
Text
§ 33. Consolidated returns. Corporations which are affiliated may, if\nauthorized, and shall, if required, by the director of finance, under\nregulations prescribed by the director of finance, make a consolidated\nreturn for the purpose of this part. In any case in which a tax is\nassessed upon the basis of a consolidated return, the total tax shall be\ncomputed in the first instance as a unit and shall then be assessed upon\nthe respective affiliated corporations in such proportions as may be\nagreed upon among them, or in the absence of any such agreement, then on\nthe basis of the net income properly assignable to each.\n
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Bluebook (online)
New York § 33, Counsel Stack Legal Research, https://law.counselstack.com/statute/ny/GCM/33.