MoFo New York Tax Insights

Volume 10, Issue 4

08 Apr 2019

Welcome to the latest issue of New York Tax Insights. In this issue we cover:

  • A New York State ALJ determination upholding the State Tax Department's policy limiting the availability of broker-dealer sourcing (on page 1).
  • The Supreme Court, New York County grant of a NYC property tax exemption to the Drug Policy Alliance, rejecting the position of the Department of Finance and the Tax Commission that the organization's activities are not sufficiently educational or charitable to qualify for the exemption (on page 3).
  • A New York State ALJ determination upholding the imposition of fraud penalties against an S corporation whose sole owner and president had pleaded guilty to sales tax fraud in a related criminal matter (on page 5).
  • And more (on page 6).

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