NEW YORK STATE 2019-20 BUDGET BILL ENACTED -
As we went to press, the New York State Legislature passed the New York State Budget Bill for 2019-20, containing several new and important tax provisions. S. 1509-C/A. 2009-C....more
TRIBUNAL REMANDS $100 MILLION SALES TAX REFUND CASE TO ALJ -
After the New York State Appellate Division reversed the Tax Appeals Tribunal’s earlier decision denying a sales tax refund of over $100 million, the Tax...more
A New York City Administrative Law Judge held that a taxpayer’s real property transfer tax returns were not false or fraudulent and therefore the Department of Finance could not reopen the closed three-year statute of...more
In This Issue:
- Department Releases New Nonresident Audit Guidelines to Address Gaied
- Nuclear Power Plant That Produces Steam and Water to Generate Electricity Is Not Eligible for Investment Tax...more
In This Issue:
Despite Incorrect Advice from NYS Tax Department, Conference Request Held to Be Untimely; Corporate Officer Liable for Sales Tax Despite Creditor’s “Sweep Arrangement” with Corporation; Charter Yacht Not...more
10/3/2013
/ Corporate Officers ,
Creditors ,
Fraud ,
Injunctions ,
Penalties ,
Personal Liability ,
Sales & Use Tax ,
Same-Sex Marriage ,
Tax Assessment ,
Tax Exemptions ,
Tax Returns ,
Vessels
In This Issue:
New York Enacts Significant Changes to Related Member Royalty Add-Back Law; Nuclear Power Plant That Produces Steam and Water to Generate Electricity Not Eligible for Investment Tax Credit; Appellate...more
5/14/2013
/ Add-Back Legislation ,
Fraud ,
Governor Cuomo ,
Insurance Industry ,
Investment Tax Credits ,
Liens ,
Nuclear Power ,
Prudential ,
Royalties ,
S-Corporation ,
Tax Returns
In This Issue:
Court Holds Television Programming Is Included in the Property Factor Regardless of Delivery Method; ALJ Upholds Retroactive Application of Stock Option Regulations; Petition Found Untimely Under Special...more