MATTER OF LONG ISLAND RELIABLE CORP. v. TAX COMM'N OF THE DEP'T OF TAXATION & FIN. OF THE STATE OF NEW YORK


72 A.D.2d 826 (1979)

In the Matter of Long Island Reliable Corp., Petitioner, v. Tax Commission of the Department of Taxation & Finance of the State of New York, Respondent

Appellate Division of the Supreme Court of the State of New York, Third Department.

November 1, 1979


The petitioner is a domestic corporation selling oil. It purchased the customer list, delivery routes, maintenance and service contracts, business telephone number and the name of Qualified Burner Service, Inc., from said corporation on September 3, 1969. The Tax Commission was notified of the sale on February 11, 1970. The Tax Commission determined on July 20, 1970 that the transaction constituted a bulk sale of business assets of Qualified Burner Service, Inc., in accordance...

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