MATTER OF BRITISH LAND (MARYLAND), INC. v. TAX APPEALS TRIBUNAL OF STATE OF NEW YORK


202 A.D.2d 867 (1994)

609 N.Y.S.2d 439

In the Matter of British Land (Maryland), Inc., Petitioner, v. Tax Appeals Tribunal of State of New York et al., Respondents

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

March 24, 1994


Mikoll, J. P.

Petitioner was incorporated in Delaware in May 1973 and maintains its principal place of business in London, England. Petitioner is an indirect subsidiary of British Land Company Plc., an international real estate investment company headquartered in London. One of the latter's primary business purposes was to purchase strategically located, prime properties likely to increase in value. Through...

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