New York City UBT Addback Held Up Under Third-Party Payment Rule
Commission payments made by New York City-based partnership to S-DISC whose shareholders partners in partnership, subject to unincorporated business tax UBT addback as nondeductible payments to partners, according to recent decision New York City Tax Appeals Tribunal.
New York United States Ownings Merrill Party Payment Rule Domestic International Sales Corporation Owings Merrill
Source: natlawreview.com