Morrison & Foerster LLP | USA | 4 Jun 2018
The New York State Department of Taxation and Finance has released a "discussion draft" of a bill that would implement a New York State unincorporated…
Morrison & Foerster LLP | USA | 6 Jun 2017
The New York City Department of Finance has issued a Statement of Audit Procedure ("SAP") addressing how adjustments made to the basis of partnership…
Morrison & Foerster LLP | USA | 3 Oct 2015
A New York State Administrative Law Judge has upheld the imposition of personal liability for sales and use tax on an employee of a corporation, but…
Morrison & Foerster LLP | USA | 28 Sep 2015
This is an important reminder that non-securities dealer corporations subject to New York State and City corporate tax have until September 30, 2015…
Morrison & Foerster LLP | USA | 2 Sep 2015
The New York State Tax Appeals Tribunal has affirmed the determination of an Administrative Law Judge that a member of a limited liability company…
Morrison & Foerster LLP | USA | 9 Dec 2014
Last April, the New York State Tax Appeals Tribunal issued a decision holding that a nonresident partner in a partnership that owned New York City…
Morrison & Foerster LLP | USA | 4 Apr 2013
A recent Advisory Opinion holds that an out-of-state company is not eligible for the Article 9-A fulfillment services exemption, or the protections…
Morrison & Foerster LLP | USA | 2 Jul 2012
Upholding the decision of an Administrative Law Judge, the New York State Tax Appeals Tribunal held that the transfer of business assets from a son’s company to his mother’s company constituted a transfer in bulk under Tax Law § 1141(c), and that the mother’s company was liable for the full amount of sales tax due by failing to establish the fair market value of the assets transferred.
Morrison & Foerster LLP | USA | 1 Jun 2011
A wife who was the sole shareholder of a corporation, but who was not involved in any aspect of the management or operations of the company, was nonetheless held to be a responsible person under Tax Law § 1131(1) and was personally liable for the company's sales tax liability.