(Wall Street Journal) — The door has been opened to higher taxes for many out-of-state residents with second homes in New York after a state tax appeals tribunal reversed its ruling on a New Jersey man’s case. The tribunal ruled that a New Jersey resident who worked in Staten Island and bought his parents a home there is subject to pay New York resident taxes, even though the home was used by his parents and the man stayed there only when he visited. That decision last month overturned the tribunal’s previous ruling exempting the man from paying additional taxes for the years 2001 to 2003. The tribunal agreed to rehear the case at the request of the New York state tax department.
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