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N.Y. GCM Law § 18

This is the official text of N.Y. GCM Law § 18, part of New York’s GCM Law — part of the compiled statutory law of New York, published by the state as "GCM Law." Browse the sections below, each linked to its official government source.

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Net income defined

Official statutory text

§ 18. Net income defined. The term "net income" means the gross\nincome of a taxpayer less the deductions allowed by this subpart.\n

Status: in_force · Read it on the official government site

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About this page: Statute text is reproduced from official government publishers via the Open US Law dataset (Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine (Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.