Legal Opinion
In re Bank of Manhattan Co.
Appellate Division of the Supreme Court of the State of New York
Decided March 8, 1944PublishedCited by 4 opinions
1Opinion of the CourtHill, P. J.
The appellant, a New York State corporation, authorized to do a banking business, paid an unemployment pay-roll tax prior to and for the entire year of 1939. It questions the legality for that year and particularly after August 10th. Its objection rests upon section 4 of article XVI of the New York State Constitution which became effective January 1, 1939:
“ Where the state has power to tax corporations incorporated under the laws of the United States there shall be no discrimination in the rates and method of taxation between such corporations and other corporations exercising substantially…
2Cases cited2 opinions
- First Nat. Bank of Guthrie Center v. AndersonSupreme Court of the United States · 1926
- Peoples National Bank & Trust Co. v. County of WestchesterNew York Court of Appeals · 1933
3Cited by4 opinions
- Guaranty Trust Co. v. State of New YorkNew York Court of Appeals · 1949
- Guaranty Trust Co. v. StateNew York Court of Claims · 1946
- Bankers Trust Co. v. Finance AdministrationAppellate Division of the Supreme Court of the State of New York · 1972
- Guaranty Trust Co. v. StateAppellate Division of the Supreme Court of the State of New York · 1947