Viewing page 48 of 108

This transcription has been completed. Contact us with corrections.

WV-3 4-58

[[image - seal]]

The City of New York
Department of finance
Bureau of City Collections
Borough of Manhattan

Division of Special Taxes
50 Pine Street
New York 5, N.Y.
Whitehall 4-8300
Ext. #53

Refer to:
Waiver Section Reg. #M-590460-
March 13, 1961

Robert M. Rauschenberg
128 Front St.
New York 5, N.Y.

Your application for waiver of the requirement to file quarterly Returns under the Sales and/or Compensating Use Tax Laws has been approved.

Henceforth, quarterly Sales Tax forms will not) be mailed to you. 

If, during any prescribed period, you have taxable transactions, a Return is required to be filed.  (See quotations from the Comptroller's Regulations quoted below.)  This office will mail forms to you upon request.

You will be required to file an Annual Affidavit - a form which will be mailed to you and must be filed on, or prior to, the due date - May 15th - preferable with your General Business or Financial Tax Return.

You are required to notify this Department forthwith of any change in your business or in your method of operation which alters your present status under the Sales and/or Compensating Use Tax Laws.

Granting of this Waiver does not constitute a ruling) as to whether or not you are, in fact, liable for tax under the Sales and/or Compensating Use Tax Law on any of you transactions.  The Comptroller of the City of New York reserves the right to determine at any time, subject to statutory limitations, your liability for tax, without regard to your application for waiver or the action taken thereon.

FC:AB  
Department of Finance

Your attention is directed to the following quotations from the Comptroller's Regulations:-

"Under no circumstances is any person exempt or relieved from the obligation of filing Returns for any tax period during which a tax is due by reason of any transactions entered into, sales or purchase made, or service rendered, and this regulation is not to be construed as granting any such exemption. Any person failing to file any return due will be subject to the full penalty provisions of the law"

"This regulation does not relieve any person making sales claimed to be for resale from the necessity of obtaining from his vendee certificates of resale.  All sales made to purchasers who do not supply proper certificates of resale are deemed to be taxable and the grant of a waiver hereunder does not relieve a vendor from the requirement of charging and collecting tax upon such sales and making regular Returns as required by law for the periods during which such sales are made."