Bankers Trust New York Corp. v. Department of Finance

Determination of the Department of Finance of the City of New York dated June 12, 1990, which, after a hearing, denied the petitioners’ claim for a refund of New York City Financial Corporation Tax in the amount of $3,997,479 plus interest for the tax year ending December 31, 1976 (transferred to this Court by order of Supreme Court, New York County [Jacqueline W. Silbermann, *551J.] entered on or about October 24, 1990), unanimously confirmed and the petition dismissed, without costs.

New York Laws of 1966 (ch. 772, § 1)* authorizes “any city having a population of one million or more * * * to…