New York MTA Payroll Tax Ruled Unconstitutional

October 17, 2012 11:18 AM
 

Potential Refund Opportunity – Action Required by November 2, 2012

On August 22, 2012, a New York State Supreme Court Justice declared the Metropolitan  Commuter Transportation Mobility Tax (“MCTMT”) to be unconstitutional. Companies who have operations within the New York City metro area that are very seasonal or have annual payroll costs in excess of $1 million, likely will benefit from this ruling. If these operations began before 2010, you may need to act before November 2, 2012, to maximize the benefit of the ruling…

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