In This Issue:

Membership in a Residential Club Does Not Constitute a Permanent Place of Abode in New York; Furniture Included in Hotel Sale Subject to Sales Tax as a Bulk Sale; Department Proposes Amendments to Combined Return Regulations; Tribunal Denies Costs to Petitioner; and Insights in Brief

Excerpt Membership in a Residential Club Does Not Constitute a Permanent Place of Abode in New York

In an Advisory Opinion, TSB-A-12(4)I (N.Y.S. Dep’t of Tax. & Fin,. Aug. 28, 2012), the New York State Department of Taxation and Finance ruled that for New York income tax purposes, an individual’s acquisition of an ownership interest in a private, member-owned residential club in New York City did not constitute maintaining a permanent place of abode in New York.