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You are here: Experts > Business > Corporate Law > Tax Law (Questions About Taxes) > Tax Liiability on Historical Property
Expert: John Kirk, CPA
Date: 10/3/2008
Subject: Tax Liiability on Historical Property
Question
Expert: John Kirk CPA Oct.3, 2008
Subject: Town Tax Liability on Historical Property in NYState
Free Question Response:
Town wants to purchase Historical property from a Village
that already has such Historical site conveyed to Village.
Town now wants to amend a Tax Liability payment to Village on such Historical land purchase.
What are the reasons for this Town Tax Liability actions ?
Thank you.
John
Answer
I really can't answer that, that is something the town council should have discussed in the purchase offer. My feeling was to just pay less for the services that the town is already rendering to the village. Sort of like paying yourself for services you provide to yourself.
John
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