Legal Opinion
Telmar Communications Corp. v. Procaccino
Appellate Division of the Supreme Court of the State of New York
Decided June 5, 1975PublishedCited by 7 opinions
1Opinion of the CourtKane, J.
Section 210 of the Tax Law provides several methods for computing the corporate franchise tax and requires the taxpayer to select and use that method which produces the highest return for the State. Respondent concluded that petitioner failed to do this in the fiscal year which ended March 31, 1971 and assessed a deficiency against it contending that the appropriate method required petitioner to pay a certain rate based upon its "entire net income plus salaries and other compensation paid to the taxpayer’s elected or appointed officers * * * minus fifteen thousand dollars”. (Tax Law, § 210,…
2Cases cited5 opinions
- Howard v. WymanNew York Court of Appeals · 1971
- American Can Co. v. State Tax CommissionAppellate Division of the Supreme Court of the State of New York · 1971
- People ex rel. Beck Hazzard, Inc. v. GilchristAppellate Division of the Supreme Court of the State of New York · 1927
- People Ex Rel. Public Fuel Service, Inc. v. GravesNew York Court of Appeals · 1937
- People ex rel. Public Fuel Service, Inc. v. GravesAppellate Division of the Supreme Court of the State of New York · 1936
3Cited by7 opinions
- In the Matter of Avien, Inc., Debtor. The City of New York v. Avien, Inc.Court of Appeals for the Second Circuit · 1976
- Wegmans Food Markets, Inc. v. Department of Taxation & FinanceNew York Supreme Court · 1984
- Doyle, Dane, Bernbach, Inc. v. CommissionerUnited States Tax Court · 1982
- Doyle, Dane, Bernbach, Inc. v. CommissionerUnited States Tax Court · 1982
- Landauer Associates, Inc. v. Tax Appeals TribunalAppellate Division of the Supreme Court of the State of New York · 1992
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