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NY Retroactive Tax On $20M Stock Deal Snubbed Due Process

By Ama Sarfo ( April 8, 2014, 4:45 PM EDT) -- New York state cannot retroactively tax a couple who sold their company in a $20 million stock deal because state law didn't allow such a penalty at the time of the deal, a New York appeals court ruled Tuesday, overturning a lower court decision....

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