Business Statistics Organization, Inc. v. Joseph

Services such as Babson’s are often the only means whereby subscribers can obtain particular information of what is going on in the nation and in the world along certain lines in which they are interested. What is sold is the information and ideas purveyed. It requires stretching the imagination to bring these within any accepted definition of tangible personal property, against which alone the New York City sales tax is imposed (Administrative Code of City of N. Y., §§ N41-1.0, N41-2.0). Realizing that ideas and information are not corporeal personal property, schedule A of section N41-2.0…