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Passive Investments › New York

Cadwalader, Wickersham & Taft LLP

Location, Location, Location: New York’s Apportionment Rules for Investment Managers

Cadwalader, Wickersham & Taft LLP on

New York State recently issued final corporate franchise tax regulations for sourcing income (the “Regulations”), including specific sourcing rules for service fees paid by passive investment customers (“PICs”) to investment...more

Harris Beach PLLC

Immigration Consequences of Passive Investment in the Legal Cannabis Industry

Harris Beach PLLC on

The recent legalization of adult-use cannabis in New York State has created enormous economic opportunity in the state, but taking advantage of those opportunities may bring harsh immigration consequences for foreign...more

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