Skip to Main Content
Services Talent Knowledge
Site Search
Menu

Alert

Our attorneys stay on top of changes in legislation, agency regulations, case law, and industry trends—then craft timely legal alerts to keep clients up to date on legal developments important to their business.

May 23, 2014

LEGAL ALERT UPDATE

At the recent Economic Development Council annual meeting held in Cooperstown, the New York State Department of Taxation and Finance ("Tax & Finance") clarified Technical Memorandum TSB-M-14(1.1)S issued on February 12, 2014. The new Form ST-123 will be required only for projects that close, or extensions granted, on and after June 1, 2014. Agents and subagents for projects that closed prior to June 1, 2014 ("Grandfathered Projects") should continue to use the sales and use tax exemption letter issued by the industrial development agency. If any vendor requests the new form for a Grandfathered Project, please call us and we will provide the necessary documentation.

You can find our prior legal alert on Tax & Finance's memo at http://hblaw.com/alerts/New-Procedures-for-Documenting-Sales-and-Use-Tax-Exemptions-04-01-2014.

If you have any questions with respect to the use of Form ST-123, please feel free to contact Connie Cahill at (518) 429-4296 or mcahill@hblaw.com, Garrett DeGraff at (518) 429-4235 or gdegraff@hblaw.com, Jean Everett at (202) 582-0601 or jeverett@hblaw.com, Susan Katzoff at (315) 425-2880 or skatzoff@hblaw.com, or Thomas O'Mara at (607) 398-3710 or tomara@hblaw.com.

 

Subscribe

Click here to sign up for alerts, blog posts, and firm news.

Subscribe

Sign up to receive our latest news via email

Practice Areas

Featured Industries

New & Emerging Industry Practice Areas

Other

View our Privacy Policy

Featured Media

Alerts

Liability for a Motor Vehicle Accident Requires More Than a NY V&T Violation

Alerts

Is Telehealth Here to Stay?

Alerts

COVID-19: Congress Passes Legislation to Extend PPP Application Deadline

Alerts

NYS Court of Appeals Holds FERC Certificate of Public Convenience Exempts Pipeline Company From Eminent Domain Public Notice, Hearing Requirements Despite Water-Quality Certification Denial

Alerts

COVID-19: Governor Cuomo Issues Executive Orders Imposing Quarantine Restrictions on Travelers Arriving in New York State, Blocking COVID-19 Paid Sick Leave to Employees Voluntarily Traveling to High-Risk Areas

Alerts

Caddy Class Action Still in Play With New Retaliation Claim

This site uses cookies to give you the best experience possible on our site and in some cases direct advertisements to you based upon your use of our site.

By clicking [I agree], you are agreeing to our use of cookies. For information on what cookies we use and how to manage our use of cookies, please visit our Privacy Statement.

I AgreeOpt-Out