Gerson Lehrman Denied New York City Corporation Tax Refund

April 8, 2021, 6:07 PM

Gerson Lehrman Group Inc. didn’t use the right method to calculate its New York City general corporation taxes and shouldn’t get a refund, a New York appellate court ruled.

The decision of the Appellate Division of the New York Supreme Court upholds a 2017 ruling of the New York City Tax Appeals Tribunal.

Gerson Lehrman, a New York City business that provides subscription services to expert consultants and other resources, had sought a refund for a substantial portion of the corporation taxes it paid in 2003-2010, after it reallocated receipts based on the nature of...

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