MoFo New York Tax Insights

Volume 9, Issue 3

03/05/2018
Newsletter

 

Welcome to the latest issue of New York Tax Insights. In this issue we cover:
a New York City Tax Appeals Tribunal decision that might, among other things, require taxpayers to be prepared to address legal positions that the parties themselves have not presented (on page 1);
significant new tax proposals in Gov. Cuomo’s 30-day amendments to the 2018—2019 Executive Budget, including measures that attempt to protect individuals who might otherwise face tax increases (on page 3); 
a New York State Tax Appeals Tribunal decision affirming that transfers of motor vehicles are subject to New York State sales tax even if the transferee pays no cash consideration (on page 4); 
a case that highlights the high evidentiary standards imposed upon a taxpayer challenging an audit after signing a consent agreement to resolve that audit (on page 5); 
an important clarification about which corporations must be included in an Article 9-A combined return when making a commonly owned group election (on page 7); 
a complaint that serves as a reminder that taxpayers face risk under New York’s expansive False Claims Act for estate tax as well as corporate franchise tax, sales and use tax, and personal income tax (on page 7);
and more (on page 9).
Read our newsletter.

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

  • a New York City Tax Appeals Tribunal decision that might, among other things, require taxpayers to be prepared to address legal positions that the parties themselves have not presented (on page 1);
  • significant new tax proposals in Gov. Cuomo’s 30-day amendments to the 2018—2019 Executive Budget, including measures that attempt to protect individuals who might otherwise face tax increases (on page 3); 
  • a New York State Tax Appeals Tribunal decision affirming that transfers of motor vehicles are subject to New York State sales tax even if the transferee pays no cash consideration (on page 4); 
  • a case that highlights the high evidentiary standards imposed upon a taxpayer challenging an audit after signing a consent agreement to resolve that audit (on page 5); 
  • an important clarification about which corporations must be included in an Article 9-A combined return when making a commonly owned group election (on page 7); 
  • a complaint that serves as a reminder that taxpayers face risk under New York’s expansive False Claims Act for estate tax as well as corporate franchise tax, sales and use tax, and personal income tax (on page 7);
  • and more (on page 9).

Read our newsletter.

 

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