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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

Simon Luk
  • Winston & Strawn LLP

Amit Kalra
  • Winston & Strawn LLP

Kenneth F. Ehrlich
  • Nutter McClennen & Fish LLP

Robert M. Wolin
  • Baker & Hostetler LLP

Michael K. Krebs
  • Nutter McClennen & Fish LLP

Kenneth L. Chernof
  • Arnold & Porter LLP

Ted Rhodes
  • CMS Cameron McKenna

John Markham
  • CMS Cameron McKenna

Vitaliy Radchenko
  • CMS Cameron McKenna