In the Matter of the Petition of Jefferson Pub, Inc.

Apr 26, 2012

OUTCOME: The Division of Tax Appeals found that the auditor did not properly calculate the tax due and held that the total amount due was only $40,538.

The NY Department of Taxation and Finance assessed sales tax against the restaurant based on the markup method of determining sales revenue. The State sought $628,132 in taxes, penalties, and interest ... .