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Tax Controversies

For example, we represent clients that make voluntary disclosures of foreign bank accounts not previously disclosed and counsel them through the criminal investigation process and the resulting civil audits.

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The firm is currently representing the New Jersey Sports and Exposition Authority (NJSEA) in conjunction with a high profile case concerning the tax exempt status of the New York Football Giants Timex Performance Center located in the Meadowlands Sports Complex.  In this matter, pending in the New Jersey Tax Court, NJSEA is seeking to vacate the Borough of East Rutherford's annual tax of approximately $1.6 million, based upon an assessment of $100,000,000, against NJSEA's National Football League tenant, the New York Football Giants, Inc.  NJSEA maintains that the property and all improvements are "projects" of the NJSEA, pursuant to the applicable New Jersey Sports & Exposition Law,  N.J.S.A. 5:10-1 et seq., and are therefore expressly made exempt by this Act. The Firm also has represented the NJSEA  in connection with numerous other labor and contractual disputes.
 

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