Court: City Can't Tax Diplomats
August 17th, 2010

A federal appeals court sided with India and Mongolia over the Bloomberg adminsitration today, saying the city cannot collect property taxes on diplomatic spaces not used for so-called diplomatic purposes.

According to the Department of Finance, the city is owed about $590 million in outstanding property taxes. At least $278 million of that debt is directly related to foreign missions, like those owned by Mongolia and India. According to City Room, it is not clear whether today’s ruling would affect taxes previously collected by these types of properties.

Our chart below breaks down who owes what to the city — from Iran to Bulgaria. According to the Department of Finance, the largest sovereign debtor goes to Hungary, which the city argues owes $139 million in property taxes.

Click on the chart to interact.

By on August 17, 2010, 4:18 pm
In category: City Hall,Economy,Gotham City,Law,nextNY,Public Finance | Comments Off on Court: City Can't Tax Diplomats

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