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MATTER OF GOODBODY & CO., INC. v. STATE TAX COMM'N

118 A.D.2d 1025 (1986)

In the Matter of Goodbody & Company, Inc., Petitioner, v. State Tax Commission, Respondent

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

March 27, 1986

Mikoll, J.

The parties herein have stipulated to most of the underlying facts in this tax matter. Petitioner is the successor in interest to Goodbody & Company (Goodbody), a New York partnership engaged in the securities business as a broker and dealer. A clearing firm, Goodbody maintained its main office in New York City but had branch offices in and out of the United States. It distributed its profits...

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