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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

Mark A. Srere
  • Bryan Cave LLP

Anita C. Esslinger
  • Bryan Cave LLP

Jay Leary
  • Herbert Smith Freehills LLP

Arti Sangar
  • Diaz Reus

Ali Amadee
  • Gowling WLG

Andrew B. Mohraz
  • Bryan Cave LLP

Lauro Celidonio Gomes dos Reis Neto
  • Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados

Jerimi J. Ullom
  • Hall Render Killian Heath & Lyman PC