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Indian Mission Ordered To Fork Out $42 Million

By LIFS April 11, 2008 at 7:55 PM
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A US court has ordered India to pay $42.4 million in back real estate taxes on a 26-storey building occupied by its United Nations diplomatic staff in New York.

 
The building in mid town Manhattan houses the Indian Mission to the United Nations, which is exempt from tax. However, New York City has assessed taxes on the 20-storeys occupied by its diplomatic staff.

US District Court Judge Jed S Rakoff ruled on Monday that under Vienna conventions, only the residence of head of the mission, not of the diplomatic staff, is exempt from taxes.

The judge also ordered Mongolia to pay $4.3 million and the Philippines $10.9 million.

 

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