- Associated Press - Wednesday, October 8, 2014

NEW YORK (AP) - A judge says the New York City comptroller’s office must be allowed access to corporate tax records.

The Wall Street Journal (https://on.wsj.com/1vMGJkT ) says the ruling comes in a lawsuit filed by former Comptroller John Liu (loo). It accused the city of blocking his auditors from ensuring the proper collection of business taxes.

Justice Kathryn Freed says concerns expressed by the Department of Finance about breaches of security are unfounded. She adds that the City Charter provides the comptroller with broad authority to audit city agencies.

Freed has ordered the city to respond to a subpoena from the comptroller’s office demanding five years of general-corporation tax records.

The city’s Law Department says it’s reviewing the decision.


Information from: The Wall Street Journal, https://www.wsj.com



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