<p>New York Tax Appeals Tribunal: Taxpayer May Not Include More Than 50 Percent Of Certain Costs In 'Original Purchase Price.'</p>

New York Tax Appeals Tribunal: Taxpayer May Not Include More Than 50 Percent Of Certain Costs In 'Original Purchase Price.'

The New York State Tax Appeals Tribunal has ruled that a taxpayer has not established that it may include more than 50 percent of certain costs in its "original purchase price" for gains tax purposes (Matter of East 61 St. Co., DTA No. 811470, May 25, 1995).