Late last week the New York Supreme Court (the “Court”) granted a plaintiffs' motion for summary judgment and held that the Metropolitan Transportation Authority (“MTA”) payroll tax (also known as the “metropolitan commuter transportation mobility tax”, or “MCTMT”) was passed in violation of the New York State constitution.
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Tax Law Updates
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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