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Tribunal holds government financing agreements do not qualify as investment capital
  • Morrison & Foerster LLP
  • USA
  • February 2 2012

Reversing the decision of an Administrative Law Judge, the New York State Tax Appeals Tribunal has held that equipment financing agreements between Xerox Corporation and various governmental entities did not qualify as “investment capital,” and denied the refund sought by Xerox

Pratibha Jain
  • Nishith Desai Associates

Andrew Lord
  • DLA Piper LLP

Tom S. Pick
  • Squire Patton Boggs

Sarah Litke
  • Mintz Levin Cohn Ferris Glovsky and Popeo PC

Jun Wei
  • Hogan Lovells

Karin Hunter Johnson
  • Sheppard Mullin Richter & Hampton LLP

Karen Ip
  • Herbert Smith Freehills LLP

Kenneth F. Ehrlich
  • Nutter McClennen & Fish LLP

Alistair Maughan
  • Morrison & Foerster LLP