Glick Construction Corp. v. New York State Tax Commission

OPINION OF THE COURT

Mikoll, J.

Petitioners contest the determination of a deficiency of franchise taxes due on their business corporations and the denial of permission to Glick Construction Corporation (Glick) to file combined franchise tax reports with Bright-water Towers, Inc. (BTI) and RCI Development Corporation (RCI) for the fiscal years ending March 31, 1971 through March 31, 1974.

The facts underlying the instant proceeding are stipulated. Glick is a corporation engaged in the construction business. During the period in issue, it owned all the issued stock of its two corporate…