Attorneys Ask New York Governor to Modify Tax Treatment of Foreign Corporation Shares

Attorneys Ask New York Governor to Modify Tax Treatment of Foreign Corporation Shares

Feingold & Alpert LLP

Fred Feingold and Mark Berg of Feingold & Alpert LLP penned a letter to New York Gov. Andrew Cuomo (D) asking him to consider allowing residents who own 10 percent or more of the shares of a foreign corporation to elect to be taxed on income inclusions on those shares at corporate rates in order to avoid a large tax increase.

Fred Feingold and Mark Berg of Feingold &amp; Alpert LLP penned a letter to New York Gov. Andrew Cuomo (D) asking him to consider allowing residents who own 10 percent or more of the shares of a foreign corporation to elect to be taxed on income inclusions on those shares at corporate rates in order to avoid a large tax increase.

Fred Feingold and Mark Berg of Feingold &amp; Alpert LLP penned a letter to New York Gov. Andrew Cuomo (D) asking him to consider allowing residents who own 10 percent or more of the shares of a foreign corporation to elect to be taxed on income inclusions on those shares at corporate rates in order to avoid a large tax increase.

Fred Feingold and Mark Berg of Feingold & Alpert LLP penned a letter to New York Gov. Andrew Cuomo (D) asking him to consider allowing residents who own 10 percent or more of the shares of a foreign corporation to elect to be taxed on income inclusions on those shares at corporate rates in order to avoid a large tax increase.