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Legal Alert: New York revises recently issued “final draft” corporate tax regulations


Following New York City’s recent victory in a case regarding the apportionment of income earned by an out-of-state corporation from its sale of a non-unitary investment, the New York State Department of Taxation and Finance (NYS Department) memorialized the litigation position in an August 4, 2022 revision to the “final draft” regulations that it had published only three months ago.

Read the full Legal Alert here.


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