Legal Opinion
Inter-County Title Guaranty & Mortgage Co. v. State Tax Commission
New York Court of Appeals
Decided April 21, 1971PublishedCited by 4 opinions
1Opinion of the Court
Chief Judge Fuld.
Section 187 of the Tax Law requires title insurance companies to pay a franchise tax on “ gross direct premiums ” written on risks located in this State. This appeal, here by our permission, requires us to say whether the tax may be levied on fees charged by the petitioner for title examinations made as a preliminary to the issuance of title insurance.
Respondent Tax Commission, concluding that fees for title examinations, as well as fees for guaranteed searches and abstracts and other searches, were subject to tax, issued an additional assessment against the petitioner for…
2Cases cited4 opinions
- Campo Corp. v. FeinbergAppellate Division of the Supreme Court of the State of New York · 1952
- Campo Corp. v. FeinbergNew York Court of Appeals · 1952
- MATTER OF GUARDIAN LIFE INS. CO. v. ChapmanNew York Court of Appeals · 1951
- City Title Insurance v. Superintendent of InsuranceNew York Supreme Court · 1961
3Cited by4 opinions
- Baldine v. GomulkaAppellate Division of the Supreme Court of the State of New York · 1978
- Stewart Title Guaranty Co. v. State Tax AssessorSupreme Judicial Court of Maine · 2009
- Opn. No., New York Attorney General Reports1976
- Telephone & Telegraph Co. v. State Tax CommissionAppellate Division of the Supreme Court of the State of New York · 1983