New York Attorney General
NY-AG v. Porsal Equities Ltd.
Settled
Porsal Equities Ltd. allegedly failed to pay millions in sales and use taxes on art purchases. According to NY-AG, Porsal Equities Ltd. falsely claimed a tax exemption to avoid paying New York sales and use tax on artwork and other goods.
Summary generated from official New York Attorney General press release
Source: New York Attorney General Press Release ↗Parties
Defendants / Respondents
- Porsal Equities Ltd.
Dates
Resolved
November 12, 2018
Case Details
Industry
Finance
Penalty Type
Multiple