MoFo New York Tax Insights - February 2011 - Volume 2, Issue 2

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In this issue: New Commissioner; Shooting Birds Held Taxable; Vacation Home is Permanent Place

of Abode; Business Purpose Needed for QEZE Credits; Sourcing of Receipts from Prepaid Debit Cards; Avoiding Procedural Pitfalls; Taxpayer Advocate Legislation; and Insights in Brief.

Excerpt from New Commissioner:

Governor Andrew Cuomo has nominated Thomas H. Mattox to be the next Commissioner of Taxation and Finance. Mr. Mattox was previously a Managing Director at Goldman Sachs & Co., and a Senior Vice President at Chase Manhattan Bank. Most recently, he served as treasurer of the Harvard Club in New York City.

Pending his confirmation, Mr. Mattox is currently serving as Acting Tax Commissioner. We wish him well and look forward to his leadership at the Department.

Please see full publication below for more information.

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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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