New York § 187-F Order of credits

New York Statutes

§ 187-F — Order of credits

New York § 187-F

Law TAXTax

Art. 9Corporation Tax

This text of New York § 187-F (Order of credits) 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. Tax § 187-F (2026).

Text

  § 187-f. Order of credits. Credits allowable under this article which\ncannot be carried over and which are not refundable shall be deducted\nfirst. Credits allowable under this article which can be carried over,\nand carryovers of such credits, shall be deducted next, and among such\ncredits, those whose carryover is of limited duration shall be deducted\nbefore those whose carryover is of unlimited duration. Credits allowable\nunder this article which are refundable shall be deducted last.\n

Free access — add to your briefcase to read the full text and ask questions with AI

§ 187-f. Order of credits. Credits allowable under this article which\ncannot be carried over and which are not refundable shall be deducted\nfirst. Credits allowable under this article which can be carried over,\nand carryovers of such credits, shall be deducted next, and among such\ncredits, those whose carryover is of limited duration shall be deducted\nbefore those whose carryover is of unlimited duration. Credits allowable\nunder this article which are refundable shall be deducted last.\n