Buchbinder Tunick & Co. v. Tax Appeals Tribunal

Determination of respondent Tax Appeals Tribunal of the City of New York, dated June 14, 2000, Affirming the determination of the Administrative Law Judge, dated March 30, 1999, which sustained notices of disallowance issued by respondent Commissioner of Finance of the City of New York, denying petitioner’s claims for refunds of a portion of unincorporated business tax paid by it in each of the years 1987 through 1994, unanimously annulled, without costs, and the petition granted.

Petitioner sought refunds of a portion of business tax based on a claim that it was entitled to deduct from its…