Legal Opinion
Schrier v. Tax Appeals Tribunal
Appellate Division of the Supreme Court of the State of New York
Decided December 30, 1993PublishedCited by 6 opinions
1Opinion of the Court
OPINION OF THE COURT
Casey, J.
At issue in this proceeding is whether respondents erred in calculating the real property transfer gains tax due upon petitioners’ sale of certain real property. Respondents used the original purchase price of the property when it was acquired by a corporation owned in equal shares by petitioners, instead of the fair market value of the property when petitioners acquired the property in exchange for their shares of corporate stock as part of the corporation’s liquidation. It is respondents’ position that the property’s transfer from the corporation to petitioners…
2Cases cited2 opinions
- Vast Goed v. Tax CommissionAppellate Division of the Supreme Court of the State of New York · 1989
- Gotte v. Long Island Trust Co.Appellate Division of the Supreme Court of the State of New York · 1987
3Cited by6 opinions
- Ramsey v. RamseyAppellate Division of the Supreme Court of the State of New York · 2010
- Ianniello v. New York Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 1994
- GKK 2 Herald LLC v. City of New York Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 2017
- CBS Corp. v. Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 2008
- Lo Scalzo v. Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 1994
1 more not listed; retrieve them via the Exa API.