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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

Nicholas M. Oertel
  • Foster Swift Collins & Smith PC

Todd A. Solomon
  • McDermott Will & Emery

John W. Hutchinson
  • Squire Patton Boggs

Oliver Massmann
  • Duane Morris LLP

Tom S. Pick
  • Squire Patton Boggs

Andreas Fillmann
  • Squire Patton Boggs

Susan M. DiMickele
  • Squire Patton Boggs

Robert B. Webb III
  • Squire Patton Boggs

Christian P. Foote
  • Duane Morris LLP