20 NYCRR § 32.2
Capital stock requirement
To determine if the capital stock requirement is met, the rules in section 6-2.2 of this Title shall be used, except that any reference to “fifty percent” shall be substituted by “eighty percent”. Corporations that meet the capital stock requirement are “related corporations” for purposes of this Part.
Source: official source document (DTF adopted rule text, December 2023 corporate reform)
In this part (8 sections)
- 32.1 · General
- 32.2 · Capital stock requirement
- 32.3 · Substantial intercorporate transactions generally
- 32.4 · Substantial intercorporate transactions receipts and…
- 32.5 · Substantial intercorporate transactions based on asset transfers
- 32.6 · Combined group composition
- 32.8 · Corporations not required or permitted to file a combined return
- 32.9 · Examples