An upstate appellate court has rebuffed Disney Enterprises’ efforts to receive a refund of $1.3 million in New York state corporate franchise taxes it paid in the 1990s.

The Appellate Division, 3rd Department, in Disney v. Tax Appeals Tribunal of the State of New York, 99719, last week agreed with the state Tax Appeals Tribunal that a Disney subsidiary, immune from New York taxes if viewed alone, may nevertheless be required to pay state taxes if it is part of a “unitary group.”

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]