Gallo Winery Qualifies for New York Manufacturing Tax Benefit

E. & J. Gallo Winery qualifies for manufacturer tax status and a lower franchise tax rate for its vineyard along Seneca Lake, the New York Division of Tax Appeals said.

The tribunal ordered the state to refund about $7 million in corporate franchise taxes for the period of January 2015 through December 2019, the unpublished opinion released Thursday said.

Qualified New York Manufacturers pay a reduced tax rate under Tax Law Section 210, which provides the test to determine if a corporation qualifies, the court said. The corporation has to own property in the state worth at least $1 million, ...