Tag Archive: closing

The Tax Man Cometh: NY Reverses Position and Makes Title Abstracts Taxable

Tweet Supposedly to be in line with recent judicial case law, the New York State Department of Taxation and Finance has reversed its previous position and now declares that the sale of Title Abstracts are subject to sales tax in New York.  This new ruling will take effect September 1, 2010. The memorandum issued by…

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