(DOWNLOAD) "Matter Michael P. Grace v. New York State Tax Commission" by Court of Appeals of New York # Book PDF Kindle ePub Free
eBook details
- Title: Matter Michael P. Grace v. New York State Tax Commission
- Author : Court of Appeals of New York
- Release Date : January 12, 1975
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 68 KB
Description
[37 N.Y.2d 193 Page 194] In an article 78 (CPLR) proceeding, the State Tax Commission appeals from a judgment, denominated an order, of the Appellate Division modifying its determination. The commission had determined that, under article 16 of the Tax Law governing personal income tax, taxpayer was not entitled in reporting his 1955 State taxable income to deduct full amortization of bond premiums paid by him in excess of the face value of corporate bonds purchased by him. The Appellate Division modified, holding that taxpayer was entitled to such a deduction.