Legal Opinion
United States Life Insurance v. Tax Appeals Tribunal
Appellate Division of the Supreme Court of the State of New York
Decided June 17, 1993PublishedCited by 4 opinions
1Opinion of the CourtCasey, J.
Proceeding pursuant to CPLR article 78 (initiated in this Court pursuant to Tax Law § 2016) to review a determination of respondent Tax Appeals Tribunal which sustained franchise tax assessments imposed under Tax Law article 33.
Petitioner, a life insurance company doing business in New York, objects to the manner in which its franchise tax was computed for 1984 and 1985. The applicable method for computing petitioner’s franchise tax for the years in question had as its basis petitioner’s "entire net income” (see, Tax Law § 1502 [a]), which was presumably the same as petitioner’s Federal…
2Cases cited2 opinions
- Le Drugstore Etats Unis, Inc. v. New York State Board of PharmacyNew York Court of Appeals · 1973
- Federal Insurance v. State Tax Commission of the Department of Taxation & FinanceAppellate Division of the Supreme Court of the State of New York · 1989
3Cited by4 opinions
- Rosen v. Assessor of City of TroyAppellate Division of the Supreme Court of the State of New York · 1999
- Upstate Farms Cooperative, Inc. v. Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 2002
- Keeffe v. Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 1995
- Matter of Stewart's Shops Corp. v. New York State Tax Appeals Trib.Appellate Division of the Supreme Court of the State of New York · 2019