§ 28-01 Meaning of Terms.
RCNY § 28-01
(a)General. (Administrative Code § 11-501(a)). Any term used in Chapter 5 of Title 11 of the Administrative Code and in these regulations which is not otherwise defined in that chapter or in this chapter of these regulations shall, unless a different meaning is clearly required, have the same meaning as when used in a comparable context in the laws of the United States relating to Federal income taxes and the Federal tax regulations promulgated thereunder. Any reference herein to the laws of the United States shall mean the provisions of the Internal Revenue Code of 1954, and amendments thereto, and other provisions of the laws of the United States relating to Federal income taxes, as the same may be or become effective at any time or from time to time for the taxable year. (See: 19 RCNY § 28-02(d).) (b) Taxpayer defined. The term "taxpayer" means any person or entity engaged in the carrying on or the liquidation of an unincorporated business, as such terms "unincorporated business," "person" or "entity" are defined in 19 RCNY § 28-02, the income of which is, in whole or in part, subject to the tax imposed by Chapter 5 of Title 11 of the Administrative Code.
