§ 11-02 Definitions.
RCNY § 11-02
Corporation. (§ 11-602(1), Administrative Code.) (1) The term "corporation" includes an entity created as such under the laws of the United States, any State, territory or possession thereof, the District of Columbia, or any foreign country, or any political subdivision of any of the foregoing, which provides a medium for the conduct of business and the sharing of its gains.
(2)It also includes (i) a joint-stock company or association; (ii) any business conducted by a trustee or trustees wherein interest or ownership is evidenced by certificate or other written instrument, such as a Massachusetts or business trust, an investment trust and an entity treated as a real estate investment trust for Federal tax purposes; and (iii) a dissolved corporation which continues to conduct business (§ 11-603(3), Administrative Code).
(3)The term "corporation" does not include a membership or other nonstock corporation, unless it is doing business for profit. Taxpayer. (§ 11-601(1), Administrative Code.) The term "taxpayer" means any corporation which is subject to the tax imposed by Subchapter 2 of Chapter 6 of Title 11, of the Administrative Code, and also includes a receiver, trustee, assignee or other fiduciary, or any officer or agent appointed by any court, who conducts the business of any such corporation § 11-603(3), Administrative Code).
