Even though New York amended its combination statute for years beginning in 2007, we are just now beginning to see litigation related to those amendments. At the end of June 2013, an administrative law judge in New York’s Division of Tax Appeals issued the first determination analyzing the new law. The analysis in Matter of Knowledge Learning Corporation was notably quite restrictive, resulting in a taxpayer loss.
New York Issues First New Combined Reporting Law Determination—and It’s Not Pretty
By Arthur R. Rosen on July 8, 2013
Posted In Income Tax, New York
