In the Matter of W. T. Grant Company, against Lazarus Joseph, as Comptroller of the City of New York

Summary

The Court of Appeals affirmed the Comptroller's deficiency assessment, holding that a vendor under the New York City sales tax law is liable for the tax that should have been collected from purchasers, not merely the amount actually collected or a flat percentage of receipts, and must keep records sufficient to determine that liability. Justice Desmond dissented, arguing that the vendor should only be liable for taxes actually collected.