N.Y.’s Real Estate Transfer Tax, The 2022 Budget, And Responsible Person Liability

Approximately two weeks ago, Gov. Cuomo and the New York State Legislature agreed upon a budget for the State’s 2021-2022 fiscal year. Although most businesses and their owners have understandably focused their attention on the increased personal and corporate income taxes enacted under the budget legislation, there are several other provisions of which they should not lose sight......
By: Rivkin Radler LLP

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