New York City has won its attempt to establish the validity of tax liens on properties held by foreign countries for the purpose of housing their employees. The U.S. Supreme Court voted Thursday 7-2 in favor of such liens, handing a victory to Corporation Counsel Michael A. Cardozo, who argued the case before the Court. India and Mongolia had challenged the city's right to impose tax liens on their premises, arguing that such liens ran afoul of the Foreign Sovereign Immunities Act.
June 15, 2007 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
New York City has won its attempt to establish the validity of tax liens on properties held by foreign countries for the purpose of housing their employees.
The U.S. Supreme Court voted Thursday 7-2 in favor of such liens, handing a victory to Corporation Counsel Michael A. Cardozo, who argued the case before the Court.
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